SEC Form 4 · accession 0001584129-18-000003
WALKER INNOVATION INC. · WLKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Jay S Walker
Director · 10% Owner
WALKER DIGITAL, LLC
10% Owner
JSW Investments, LLC
10% Owner
Period of report
Dec 18, 2017
Accepted (ET)
Jan 3, 2018 · 10:17 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001294649
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 18, 2017 | D | 356,054 | $0.4412 | D | 1,661,242 | D | |
| Common StockF1 | Dec 18, 2017 | D | 356,054 | $0.4412 | D | 1,661,242 | I | JSW Investments, LLC |
| Common StockF1 | Dec 18, 2017 | D | 356,054 | $0.4412 | D | 1,661,242 | I | Jay S. Walker |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Convertible Preferred StockF2 | $0.00 | holding | — | — | — | — | — | Common Stock | 14,999,000 | 14,999,000 | D |
| Series B Convertible Preferred StockF2 | $0.00 | holding | — | — | — | — | — | Common Stock | 14,999,000 | 14,999,000 | I |
| Series B Convertible Preferred StockF2 | $0.00 | holding | — | — | — | — | — | Common Stock | 14,999,000 | 14,999,000 | I |
Explanation of responses
- F1Reflects the delivery of shares of common stock as payment in full of certain reimbursement obligations to the Registrant as approved by the Audit Committee of the Board of Directors of Registrant.
- F2Each share of Series B Convertible Preferred Stock is convertible, at the option of the reporting person, at any time and from time to time, into one (1) share of Issuer's common stock.