SEC Form 4 · accession 0001213900-17-008870
Optex Systems Holdings Inc · OPXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
LONGVIEW FUND LP
10% Owner
Period of report
Jun 9, 2017
Accepted (ET)
Aug 17, 2017 · 1:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001397016
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible NoteF1 | $1.20 | Jun 9, 2017 | J | 2,800,132 | A | Jun 15, 2015 | May 29, 2021 | Common Stock | 2,800,132 | 2,800,132 | D |
Explanation of responses
- F1Settlement of a February, 2009 note with Sileas Corp. in the original principal amount of $13,524,405. Upon conversion by Reporting Person of $3,358,538 of the amount due under the note into shares of the Company's common stock owned by Sileas and previously pledged to the Reporting Person as security with respect to the note. Simultaneously therewith, Sileas made a cash payment of $250,000 to the Reporting Person and Reporting Person agreed to satisfy $10,571,791 of the note. The remaining balance of $64,000 is payable quarterly commencing 6/30/17.