SEC Form 4 · accession 0001213900-18-005856
Jerrick Media Holdings, Inc. · JMDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard M Schiller
Director
Period of report
May 2, 2018
Accepted (ET)
May 10, 2018 · 5:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001357671
Table I — non-derivative securities
No Table I lines on this filing.
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 | $0.20 | May 2, 2018 | A | 300,000 | A | May 2, 2018 | May 2, 2022 | Common Stock | 300,000 | 300,000 | I |
Explanation of responses
- F1On May 2, 2018 Jerrick Media Holdings, Inc. (the "Company") entered into a Securities Purchase Agreement (the "Agreement") with Mr. Leonard Schiller whereby the Company issued to Mr. Schiller a 13% promissory note in the principal amount of $100,000 (the "Note") and a warrant to purchase 300,000 shares of the Company's common stock with an exercise price of $0.20 per share. The New Note has a maturity date of February 2, 2019.