SEC Form 4 · accession 0001140361-16-051866
COUNTERPATH CORP · CPAH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Covington Capital Corp.
10% Owner
Period of report
Feb 4, 2016
Accepted (ET)
Feb 11, 2016 · 6:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001236997
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF3,F1 | May 16, 2014 | S$0 | 411,701 | $0.00 | D | 0 | I | Covington Venture Fund |
| Common SharesF3,F2 | May 16, 2014 | P$0 | 411,701 | $0.00 | A | 627,470 | I | Covington Fund II Inc. |
| Common SharesF2 | Feb 4, 2016 | S | 200,000 | $3.00 | D | 427,470 | I | Covington Fund II Inc. |
| Common SharesF3,F1 | holding | — | — | — | 411,701 | I | Covington Venture Fund | |
| Common SharesF3,F2 | holding | — | — | — | 215,769 | I | Covington Fund II Inc. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF3,F2 | $32.50 | Jun 19, 2014 | J | 30,000 | A | Jun 19, 2012 | Jun 19, 2014 | Common | 30,000 | 30,000 | I |
Explanation of responses
- F1Covington Capital Corp. exercises sole dispositive power over the shares of common stock held by Covington Venture Fund Inc.
- F2Covington Capital Corp. exercises sole dispositive power over the shares of common stock and warrants held by Covington Fund II Inc.
- F3Reflects a one-for-ten stock split of the Issuer's issued and outstanding shares of common stock effective November 2, 2015.
- F4These warrants expired, unexercised on June 19, 2014.