SEC Form 4 · accession 0001013762-15-000762

DecisionPoint Systems, Inc. · DPSI

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

Reporting owner

Michael N Taglich

Director

Period of report

Jun 30, 2015

Accepted (ET)

Jul 20, 2015 · 5:09 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 Stock^F1	holding	—	—		—	155,526	I	See footnote
Common Stock	holding	—	—		—	112,716	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 Stock^F12,F9	$0.71	Dec 20, 2012	P	30,000	A	Dec 20, 2012	—	Common Stock	422,535	422,535	I
Series D Convertible Preferred Stock^F2,F9	$0.71	Dec 20, 2012	P	10,000	A	Dec 20, 2012	—	Common Stock	140,845	563,380	I
Series D Convertible Preferred Stock^F4,F9	$0.71	Dec 20, 2012	P	1,500	A	Dec 20, 2012	—	Common Stock	21,127	584,507	I
Series D Convertible Preferred Stock^F5,F9	$0.71	Dec 20, 2012	P	3,000	A	Dec 20, 2012	—	Common Stock	42,254	626,761	I
Series D Convertible Preferred Stock^F6,F9	$0.71	Dec 20, 2012	P	2,000	A	Dec 20, 2012	—	Common Stock	28,169	654,930	I
Series D Convertible Preferred Stock^F7,F9	$0.71	Dec 20, 2012	P	2,000	A	Dec 20, 2012	—	Common Stock	28,169	683,099	I
Warrants (Series D)^F3	$1.10	Dec 31, 2012	A	151,343	A	Dec 31, 2012	Dec 31, 2017	Common Stock	151,343	834,442	D
Series D Convertible Preferred Stock^F12,F9	$0.71	Apr 22, 2014	J	1,116	A	Apr 22, 2014	—	Common Stock	15,718	850,160	I
Series D Convertible Preferred Stock^F2,F9	$0.71	Apr 22, 2014	J	372	A	Apr 22, 2014	—	Common Stock	5,239	855,399	I
Series D Convertible Preferred Stock^F4,F9	$0.71	Apr 22, 2014	J	55	A	Apr 22, 2014	—	Common Stock	775	856,174	I
Series D Convertible Preferred Stock^F5,F9	$0.71	Apr 22, 2014	J	111	A	Apr 22, 2014	—	Common Stock	1,563	857,737	I
Series D Convertible Preferred Stock^F6,F9	$0.71	Apr 22, 2014	J	74	A	Apr 22, 2014	—	Common Stock	1,042	858,779	I
Series D Convertible Preferred Stock^F7,F9	$0.71	Apr 22, 2014	J	74	A	Apr 22, 2014	—	Common Stock	1,042	859,821	I
Series E Convertible Preferred Stock^F9	$0.50	Nov 12, 2013	P	15,000	A	Nov 12, 2013	—	Common Stock	300,000	1,159,821	D
Series D Convertible Preferred Stock^F9	$0.71	Nov 15, 2013	P	24,943	A	Nov 15, 2013	—	Common Stock	351,310	1,511,131	D
Warrants (Series E)^F8	$0.55	Nov 22, 2013	A	200,000	A	Nov 22, 2013	Nov 22, 2018	Common Stock	200,000	1,711,131	D
Series E Convertible Preferred Stock^F9	$0.50	Apr 22, 2014	J	281	A	Apr 22, 2014	—	Common Stock	5,620	1,716,751	D
Stock Options (right to buy)^F13	$0.38	Dec 31, 2014	A	14,211	A	Dec 31, 2014	Dec 31, 2017	Common Stock	14,211	1,730,962	D
Stock Options (right to buy)^F13	$0.50	Mar 31, 2015	A	12,858	A	Mar 31, 2015	Mar 31, 2018	Common Stock	12,858	1,743,820	D
Stock Options (right to buy)(13)*	$0.50	Jun 30, 2015	A	27,000	A	Jun 30, 2015	Jun 30, 2018	Common Stock	27,000	1,770,820	D

Explanation of responses

F1Securities are held by Michael N. Taglich Keogh-Account. Michael Taglich is the principal of this account.
F10Reflects dividends made to holders of Series D Convertible Preferred Stock that was paid (issued) in shares of Series D Convertible Preferred Stock.
F11Reflects dividends made to holders of Series E Convertible Preferred Stock that was paid (issued) in shares of Series E Convertible Preferred Stock.
F12Securities are held by Michael N. Taglich Claudia Taglich JTWROS
F13Options granted pursuant to DecisionPoint Systems, Inc. 2014 Equity Incentive Plan
F2Securities are held by Mike Taglich POA Tag/Kent Partnership F/B/O Garlinghouse/M Taglich B Taglich. Michael Taglich has power of attorney over the partnership.
F3Mr. Taglich was issued warrants exercisable for 151,343 shares of common stock as compensation for services in connection with the issuer's private placement.
F4Securities are held by Michael Taglich as Custodian for Benefit of Hope Taglich UTMA, his minor child.
F5Securities are held by Michael Taglich as Custodian For Benefit of Lucy Taglich UTMA NY, his minor child.
F6Securities are held by Michael Taglich Custodian for Benefit of Amanda Taglich UTMA NY Until Age 21, his minor child.
F7Securities are held by Michael Taglich Custodian for Benefit of Stella Taglich UTMA NY Until Age 21, his minor child.
F8Mr. Taglich was issued warrants exercisable for 200,000 shares of common stock as compensation for services in connection with the issuer's private placement.
F9The 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.

Remarks

* Transaction being newly reported on this form