SEC Form 4 · accession 0001209191-15-026938
DIGILITI MONEY GROUP, INC. · DGLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James L Davis
Director
Period of report
Mar 16, 2015
Accepted (ET)
Mar 17, 2015 · 3:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001487906
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 16, 2015 | P | 7,000 | $0.80 | A | 3,432,420 | D | |
| Common Stock | Mar 17, 2015 | P | 750 | $0.75 | A | 3,433,170 | D | |
| Common Stock | holding | — | — | — | 27,060 | I | By spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $1.50 | holding | — | — | — | — | Jan 1, 2016 | Common Stock | 30,000 | 30,000 | D |
| Stock Option (right to buy)F2 | $1.50 | holding | — | — | — | — | Dec 15, 2019 | Common Stock | 40,000 | 40,000 | D |
| Warrants to Purchase Common StockF3 | $2.00 | holding | — | — | — | Dec 15, 2014 | Dec 15, 2019 | Common Stock | 591,432 | 591,432 | D |
Explanation of responses
- F1This stock option vested in three equal annual installments on January 1, 2012, 2013 and 2014.
- F2This stock option vests in two equal annual installments on December 15, 2014 and 2015.
- F3Pursuant to an amendment to the Conversion Agreement, dated June 18, 2014, between the Issuer and the reporting person, the reporting person was issued additional warrants in consideration of previously converted debt.