SEC Form 3 · accession 0001262463-16-001062
Independent Film Development CORP · IFLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles David Pugh
Officer — Chief Communications Officer · Director · 10% Owner
Period of report
Oct 5, 2016
Accepted (ET)
Oct 17, 2016 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001425883
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 50,000,014 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Preferred StockF3,F1,F2 | — | holding | — | — | — | — | — | Common Stock | 3,801,400,000 | — | D |
Explanation of responses
- F1The shares of Series B Preferred Stock were exercisable immediately upon issuance and have no expiration date.
- F2Charles David Pugh owns 38,014 shares of Series B Preferred Stock. Each share of Series B Preferred Stock is convertible into 100,000 shares of Common Stock.
- F3Each share of Series B Preferred Stock can be converted into shares of Common Stock of the Company at par value $.00001