SEC Form 4 · accession 0001209191-16-133780
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
Jul 1, 2016
Accepted (ET)
Jul 22, 2016 · 5:55 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 | Jul 6, 2016 | P | 446,367 | $0.35 | A | 4,039,013 | D | |
| Common Stock | Jul 18, 2016 | P | 83,333 | $1.20 | A | 4,122,346 | D | |
| Common StockF2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant to Purchase Common StockF3 | $0.329 | Jul 1, 2016 | A | 250,000 | A | Jul 1, 2016 | Jul 1, 2021 | Common Stock | 250,000 | 250,000 | D |
| Warrant to Purchase Common StockF4 | $0.40 | Jul 13, 2016 | A | 300,000 | A | Jul 13, 2016 | Jul 13, 2021 | Common Stock | 300,000 | 300,000 | D |
| Warrant to Purchase Common Stock | $1.875 | Jul 18, 2016 | P | 66,667 | A | Jul 14, 2014 | Jul 14, 2019 | Common Stock | 66,667 | 66,667 | D |
Explanation of responses
- F1Reporting person purchased 83,333 shares of common stock and a warrant to purchase 66,667 shares of common stock for $100,000.
- F2The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
- F3Pursuant to a Note Payable agreement, dated February 1, 2016, amended March 29, 2016, between the Issuer and the reporting person, the reporting person was issued warrants as pursuant to the terms of the Note Payable.
- F4Pursuant to a Convertible Promissory Note agreement, dated July 13, 2016, between the Issuer and the reporting person, the reporting person was issued warrants as pursuant to the terms of the Convertible Promissory Note.