SEC Form 4 · accession 0001245105-17-000052
Ecoark Holdings, Inc. · ZEST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary M. Metzger
Director
Period of report
Jan 10, 2017
Accepted (ET)
Mar 28, 2017 · 6:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437491
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 10, 2017 | A | 4,267 | $0.00 | A | 3,674,671 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10% Convertible Notes due 2018 | $4.00 | Feb 24, 2017 | P | — | A | Feb 28, 2017 | Jun 30, 2018 | Common Stock | — | — | D |
| WarrantsF1 | $7.50 | Feb 24, 2017 | P | 50,000 | A | Feb 28, 2017 | Dec 31, 2018 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1On February 24, 2017, the issuer issued to the reporting person (i) a $500,000 principal amount 10% Secured Convertible Promissory Note (convertible into common stock of the issuer at a conversion price of $4.00 per share) and (ii) a warrant to purchase 50,000 shares of common stock of the issuer for $7.50 per share, for a purchase price of $500,000.