SEC Form 4 · accession 0001013762-15-000760
DecisionPoint Systems, Inc. · DPSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Seid
Director
Period of report
Jun 30, 2015
Accepted (ET)
Jul 20, 2015 · 5:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001404433
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF8 | holding | — | — | — | 127,150 | D | ||
| Common StockF8 | holding | — | — | — | 72,850 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series D Convertible Preferred StockF1 | $0.71 | Dec 20, 2012 | P | 25,500 | A | Dec 20, 2012 | — | Common Stock | 359,155 | 359,155 | D |
| Series D Convertible Preferred StockF4,F1 | $0.71 | Dec 20, 2012 | P | 8,500 | A | Dec 20, 2012 | — | Common Stock | 119,718 | 478,873 | I |
| Series D Convertible Preferred StockF2,F5,F1 | $0.71 | Apr 22, 2014 | J | 1,264 | A | Apr 22, 2014 | — | Common Stock | 17,803 | 496,873 | D |
| Series E Convertible Preferred StockF1 | $0.50 | Nov 12, 2013 | P | 10,000 | A | Nov 12, 2013 | — | Common Stock | 200,000 | 696,676 | D |
| Series E Convertible Preferred StockF6,F1 | $0.50 | Nov 22, 2013 | P | 5,000 | A | Nov 22, 2013 | — | Common Stock | 100,000 | 796,676 | I |
| Series E Convertible Preferred StockF3,F7,F1 | $0.50 | Apr 22, 2014 | J | 261 | A | Apr 22, 2014 | — | Common Stock | 5,220 | 801,896 | D |
| Stock Options (right to buy)F9 | $0.38 | Dec 31, 2014 | A | 14,211 | A | Dec 31, 2014 | Dec 31, 2017 | Common Stock | 14,211 | 816,107 | D |
| Stock Options (right to buy)F9 | $0.50 | Mar 31, 2015 | A | 12,858 | A | Mar 31, 2015 | Mar 31, 2018 | Common Stock | 12,858 | 828,968 | D |
| Stock Options (right to buy)(9)* | $0.50 | Jun 30, 2015 | A | 27,000 | A | Jun 30, 2015 | Jun 30, 2018 | Common Stock | 27,000 | 855,968 | D |
Explanation of responses
- F1The Series D Convertible Preferred Stock and Series E Convertible Preferred Stock may be converted into shares of Common Stock by the holder at any time and has no expiration date.
- F2Reflects dividend made to holders of Series D Convertible Preferred Stock that was paid (issued) in shares of Series D Convertible Preferred Stock
- F3Reflects dividend made to holders of Series E Convertible Preferred Stock that was paid (issued) in shares of Series E Convertible Preferred Stock
- F4Includes 59,859 shares held by SDM Irrevocable Trust FBO Lauren Seid UAD 11/05/04 Paul Seid TTEE and 59,859 shares held by SDM Irrevocable Trust FBO Andrew Seid UAD 11/05/04 Paul Seid TTEE.
- F5Includes 2,225 shares held by SDM Irrevocable Trust FBO Lauren Seid UAD 11/05/04 Paul Seid TTEE and 2,225 shares held by SDM Irrevocable Trust FBO Andrew Seid UAD 11/05/04 Paul Seid TTEE
- F6Includes 50,000 shares held by SDM Irrevocable Trust FBO Lauren Seid UAD 11/05/04 Paul Seid TTEE and 50,000 shares held by SDM Irrevocable Trust FBO Andrew Seid UAD 11/05/04 Paul Seid TTEE
- F7Includes 740 shares held by SDM Irrevocable Trust FBO Lauren Seid UAD 11/05/04 Paul Seid TTEE and 740 shares held by SDM Irrevocable Trust FBO Andrew Seid UAD 11/05/04 Paul Seid TTEE
- F8Common stock acquired prior to the date of October 23, 2014 in which the reporting person was required to report
- F9Options granted pursuant to DecisionPoint Systems, Inc. 2014 Equity Incentive Plan
Remarks
* Transaction being newly reported on this form.