SEC Form 4 · accession 0001140361-16-057158
Almost Never Films Inc. · HLWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derek Nicholas Williams
Officer — Chief Operating Officer · Director · 10% Owner
Period of report
Mar 9, 2016
Accepted (ET)
Mar 9, 2016 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001422768
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, $0.001 par value | Mar 9, 2016 | C | 50,000,000 | $0.00 | A | 50,000,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred StockF2,F1,F3 | — | Mar 9, 2016 | C | 500,000 | D | Jan 15, 2016 | — | Common Stock | 50,000,000 | 0 | D |
Explanation of responses
- F1Convertible anytime at a ratio of 100 common shares per 1.0 preferred share.
- F2The Filer converted 500,000 shares of Series A Convertible Preferred Stock at the conversion rate of 100 common shares per preferred share.
- F3No expiration date.