SEC Form 4 · accession 0001209191-17-029131
CATASYS, INC. · CATS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Smith
Director · 10% Owner
Period of report
Apr 28, 2017
Accepted (ET)
May 2, 2017 · 2:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001136174
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per shareF1 | Apr 28, 2017 | J | 61,690 | $0.80 | A | 1,952,383 | I | Through Shamus, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 15, 2017, Shamus, LLC ("Shamus") converted $1,019,726 principal amount of an 8% senior convertible debenture, dated as of December 15, 2016, into 927,024 shares of Catasys, Inc. ("Catasys") common stock at the conversion price of $1.10 per share (the "March 15 Conversion"). On March 31, 2017, Shamus converted $306,049.32 principal amount of an 8% senior convertible debenture, dated as of December 29, 2016, into 360,058 shares of Catasys common stock at the conversion price of $0.85 per share (together with the March 15 Conversion, the "March Conversions"). Following a 1:6 reverse stock split of Catasys common stock, on April 28, 2017, Catasys issued to Shamus an additional 61,690 shares of Catasys common stock as a result of the conversion price of the March Conversions being adjusted to $0.80 per share.