SEC Form 4 · accession 0001553350-17-001444
Dolphin Entertainment, Inc. · DLPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William O'Dowd IV
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Dec 21, 2017
Accepted (ET)
Dec 26, 2017 · 6:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001282224
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 21, 2017 | P | 88,500 | $4.115 | A | 565,450 | D | |
| Common StockF2 | holding | — | — | — | 527,841 | I | By Dolphin Entertainment, LLC | |
| Common StockF2 | holding | — | — | — | 621,052 | I | By Dolphin Digital Media Holdings, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF1 | $4.74 | Dec 21, 2017 | P | 88,500 | A | Dec 26, 2017 | Dec 26, 2020 | Common Stock | 88,500 | 88,500 | D |
Explanation of responses
- F1The price represents the public offer price of the shares and warrants in the Issuer's public offering.
- F2The Issuer completed a 2-to-1 reverse stock split effective September 14, 2017. The amount stated reflects the post-split adjustment. Fractional shares resulting from the reverse stock split were rounded up to the nearest whole share.