SEC Form 4 · accession 0000899243-15-004398
Infinity Augmented Reality, Inc. · ALSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suncorporation
10% Owner
Period of report
Aug 25, 2015
Accepted (ET)
Sep 3, 2015 · 10:33 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001421538
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 B Convertible Preferred Stock, $0.00001 par valueF2 | $0.0175 | Aug 25, 2015 | C | 37,243,214 | A | — | — | Common Stock, $0.00001 par value | 37,243,214 | 37,243,214 | D |
| Series B Convertible Preferred Stock, $0.00001 par valueF2 | $0.0175 | Sep 1, 2015 | P | 111,729,641 | A | — | — | Common Stock, $0.00001 par value | 111,729,641 | 148,972,855 | D |
Explanation of responses
- F1The 37,243,214 shares of Series B Convertible Preferred Stock were issued upon conversion of a Convertible Promissory Note, which occurred automatically upon the filing of the Series B Certificate of Designation. This is the Convertible Promissory Note that was also convertible into shares of the Issuer's common stock as previsouly disclosed on the Reporting Person's Form 3 filed on August 28, 2015.
- F2The Series B Convertible Preferred Stock is convertible at any time, at the holder's election and has no expiration date.