SEC Form 4 · accession 0001615774-15-002352
Attitude Drinks Inc. · ATTD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tommy E Kee
Officer — CFO
Period of report
Aug 18, 2015
Accepted (ET)
Aug 20, 2015 · 4:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001416183
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C Convertible Preferred StockF2,F4,F1,F3,F7 | $0.0002 | Aug 18, 2015 | A | 371 | A | — | — | Common Stock | — | 0 | D |
| Class A Common Stock Purchase WarrantF5,F4,F3 | $0.0002 | Aug 18, 2015 | A | 0 | A | — | Aug 18, 2022 | Common Stock | — | 0 | D |
| Additional Investment RightsF6,F4,F3,F5 | — | Aug 18, 2015 | A | 0 | A | — | Aug 18, 2017 | Common Stock | — | 0 | D |
Explanation of responses
- F1Conversion price is determined by dividing the Stated Value (1 share of Series C Convertible Preferred Stock has a stated value of $1,000) and accrued but unpaid dividends by an amount equal to a 50% discount to the lowest closing price for the previous thirty (30) trading days, but in event no more than $0.0002 per share of Common Stock.
- F2Shares were issued in exchange for past due accrued salaries.
- F3Exercisable under Rule 144 requirements after six months of holding from 8/18/15 through 2/8/16, subject to insider trading rules.
- F4Amount cannot be determined at this time as shares are based on future common stock trading prices as there is no fixed conversion price, only a maximum price of $0.0002.
- F5Number of warrants shall be equal to the number of shares of Common Stock received from the conversions of Series C Convertible Preferred Stock.
- F6Right to voluntarily purchase up to the Stated Value of Series C Convertible Preferred Stock ($371,000) and corresponding amount of warrants.
- F7There is no expiration date.