SEC Form 4 · accession 0001449374-15-000062
REGO PAYMENT ARCHITECTURES, INC. · RPMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George O McDaniel III
Director
Period of report
May 11, 2015
Accepted (ET)
May 12, 2015 · 11:11 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437283
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10% Secured Convertible Promissory Notes due 2016F2,F1 | $90.00 | May 11, 2015 | P | — | A | — | Mar 6, 2016 | Series B Cumulative Convertible Preferred Stock | 2,777 | 2,777 | D |
Explanation of responses
- F1The 10% Secured Convertible Promissory Notes due 2016 are convertible at any time, at the holder's election.
- F2Each share of Series B Cumulative Convertible Preferred Stock may be converted into 100 shares of Common Stock at a deemed exercise price of $0.90 per share subject to certain anti-dilution adjustments.