SEC Form 4 · accession 0001171843-15-006768
American CareSource Holdings, Inc. · GNOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Pappajohn
Officer — Acting Chief Executive Officer · Director · 10% Owner
Period of report
Dec 9, 2015
Accepted (ET)
Dec 11, 2015 · 2:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001316645
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Dec 9, 2015 | A | 2,857,142 | — | A | 5,166,760 | D | |
| Common Stock, par value $0.01 per share | holding | — | — | — | 16,791 | I | By Equity Dynamics, Inc. | |
| Common Stock, par value $0.01 per share | holding | — | — | — | 5,000 | I | By Halkis, Ltd. | |
| Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 5,000 | I | By Spouse | |
| Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 5,000 | I | By Thebes, Ltd. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant to Purchase Common StockF1 | $0.875 | Dec 9, 2015 | A | 2,857,142 | A | Dec 9, 2015 | Dec 9, 2020 | Common Stock | 2,857,142 | 2,857,142 | D |
Explanation of responses
- F1In connection with a public offering (the "Offering") of American CareSource Holdings, Inc. (the "Issuer"), the Reporting Person acquired 2,857,142 Class A Units (the "Units") for $0.70 per Unit, with each such Unit consisting of one share of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), and a warrant to purchase one share of Common Stock with an exercise price of $0.875 (the "Warrant"). Accordingly, the Reporting Person acquired 2,857,142 shares of Common Stock and a Warrant to purchase 2,857,142 shares of Common Stock in the Offering.
- F2The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.