SEC Form 4 · accession 0001445866-17-001549
SUMMER ENERGY HOLDINGS INC · SUME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil Leibman
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Jun 24, 2016
Accepted (ET)
Nov 8, 2017 · 6:36 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 StockF1,F2 | Jun 24, 2016 | C | 500,000 | — | A | 1,332,256 | D |
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 StockF1,F3 | — | Jun 24, 2016 | C | 500,000 | D | Feb 19, 2014 | — | Common Stock | 500,000 | 0 | D |
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).
- F2Does not include 84,378 shares held of record by Northeast Opco, LLC, of which the Reporting Person is an officer, owner and control person. Does not include 46,479 shares held of record by Boxer Capital, Ltd., a Texas LP. Mr. Leibman is general partner of such entity and has sole voting and dispositive power over such shares. Also does not include 1,807,576 shares held of record by MAA Holdings Limited, a Texas LP. Mr. Leibman is general partner of such entity and has sole voting and dispositive power over such shares. Mr. Leibman 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 Exchange Act, 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 December 12, 2012, included as Exhibit 24.1 to Schedule 13G filed on December 12, 2012.