SEC Form 4 · accession 0001445866-17-001547

SUMMER ENERGY HOLDINGS INC · SUME

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Andrew Bursten

Director

Period of report

Jun 24, 2016

Accepted (ET)

Nov 8, 2017 · 6:30 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001396633

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Jun 24, 2016	C	500,000	—	A	1,343,312	I	Footnote

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series B Preferred Stock^F1,F2,F3	—	Jun 24, 2016	C	500,000	D	Feb 19, 2014	—	Common Stock	500,000	0	I

Explanation of responses

F1Reflects the conversion of 500,000 shares of Series B Preferred Stock into 500,000 shares of Common Stock of the Issuer. The shares converted into a number of shares of Common Stock equal to (i) the Deemed Original Issue Price ($1.00) by (ii) the Conversion Price ($1.00).
F2Shares are held of record by The Riva Bursten 2000 Trust (the "Trust"). Mr. Bursten is a trustee of the Trust and shares voting and dispositive control over securities held by the Trust. Mr. Bursten disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3The Series B Preferred Stock had no expiration date.

Remarks

By Alexander N. Pearson, pursuant to a Power of Attorney dated June 11, 2013 previously filed with the Securities and Exchange Commission as Exhibit 24.1 to Form 3 on June 13, 2013 on behalf of Andrew Bursten, which Power of Attorney is incorporated by reference.