SEC Form 4 · accession 0001225208-18-013477
Cool Holdings, Inc. · AWSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carlos Felipe Rezk
Officer — Chief Sales & Mktg Officer · Director
Period of report
Aug 15, 2018
Accepted (ET)
Sep 17, 2018 · 4:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001274032
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (Right to Buy)F1,F2 | $3.56 | Aug 15, 2018 | A | 361,018 | A | Feb 15, 2019 | Mar 15, 2021 | Common Stock | 361,018 | 361,018 | I |
Explanation of responses
- F1In connection with the issuer's assumption of obligations of Cooltech Holdings Corp., a Nevada corporation ("Cooltech"), under promissory notes held by the reporting person ("Exchange Notes"), the reporting person entered into an Exchange Agreement as of June 22, 2018 with the issuer, pursuant to which the Exchange Notes could be surrendered for shares of common stock of the issuer, based on a per share price of $3.68, and a warrant to purchase shares of common stock of the issuer at a per share price of $3.56. This Form 4 reports acquisition of the warrant effective August 15, 2018 under the Exchange Agreement.
- F2The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.