SEC Form 4 · accession 0001654954-17-008005
Brekford Traffic Safety, Inc. · BFDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chandra C.B. Brechin
Director · 10% Owner
Period of report
Mar 1, 2017
Accepted (ET)
Aug 30, 2017 · 4:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001357115
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 28, 2017 | U | 12,456,420 | — | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Promissory NoteF2,F3 | — | Mar 1, 2017 | J | 1,792,172 | D | Nov 9, 2009 | — | Common Stock | 1,792,172 | 0 | D |
Explanation of responses
- F1In connection with the closing of the merger (the "Merger") of Brekford Merger Sub, Inc. into Brekford Traffic Safety, Inc. (the "Company") each share of the Company's common stock owned by the Reporting Person ceased to exist and the Reporting Person received one share of the common stock of Novume Solutions, Inc. for each 15 shares share of the Company's common stock owned by the Reporting Person and a cash payment for any fractional shares. As a result of the Merger the Reporting Person no longer owns shares of the Company's common stock.
- F2The Convertible Promissory Note has been repaid and as a result is no longer outstanding.
- F3N/A