SEC Form 4 · accession 0001140361-15-015243
Sibling Group Holdings, Inc. · SIBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Apr 6, 2015
Accepted (ET)
Apr 13, 2015 · 7:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001099728
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 6, 2015 | X | 42,857,143 | $0.07 | A | 85,714,286 | D | |
| Common Stock | Apr 6, 2015 | X | 30,000,000 | $0.084 | A | 115,286,714 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants | $0.07 | Apr 6, 2015 | X | 42,857,143 | D | Mar 6, 2015 | Mar 6, 2020 | Common Stock | 42,857,143 | 0 | D |
| WarrantsF2,F1 | $0.084 | Apr 6, 2015 | X | 30,000,000 | D | Mar 6, 2015 | — | Common Stock | 30,000,000 | 0 | D |
| WarrantsF3 | $0.084 | Apr 6, 2015 | P | 15,000,000 | A | Apr 6, 2015 | Apr 6, 2020 | Common Stock | 15,000,000 | 15,000,000 | D |
Explanation of responses
- F1These warrants expire one year from the effective date of the registration statement required to be filed by the issuer with respect to the securities owned by the reporting person.
- F2These warrants ("B Warrants") give the reporting person the rights to acquire (i) an additional 12,857,143 shares of the issuer's common stock and (ii) warrants to purchase up to a total of 6,428,572 remaining additional shares of common stock at any time and from time to time for a period of five years from the date of the warrants at an exercise price equal to the purchase price of the B Warrant shares calculated in accordance with the terms of the B Warrants at the time of purchase.
- F3The reporting person received these warrants upon the exercise of the B Warrants as described in note 2 for $0.084 per share.