SEC Form 4 · accession 0001019687-15-003955
Kartoon Studios, Inc. · TOON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew A Heyward
Officer — CEO · Director · 10% Owner
Period of report
Nov 3, 2015
Accepted (ET)
Nov 9, 2015 · 2:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001355848
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value, $0.001 per shareF1 | Nov 3, 2015 | P$0 | 500,000 | — | A | 522,836 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants to Purchase Common StockF1 | $1.10 | Nov 3, 2015 | P | 500,000 | A | Nov 3, 2015 | Nov 3, 2020 | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1The Reporting Person purchased 500,000 shares of the Issuer's common stock and warrants to purchase 500,000 shares of the Issuer's common stock at an exercise price of $1.10 for an aggregate purchase price of $500,000 in the Issuer's private placement. The Reporting Person may not exercise the warrant to the extent such exercise would cause the Reporting Person to hold in excess of 4.99% of the Issuer's common stock after such exercise and the Reporting Person's ownership will be limited accordingly.