SEC Form 4 · accession 0001493152-17-002620
DIGILITI MONEY GROUP, INC. · DGLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James L Davis
Director · 10% Owner
Period of report
Mar 15, 2017
Accepted (ET)
Mar 20, 2017 · 3:28 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 StockF1,F3 | Mar 15, 2017 | J | 265,033 | — | A | 1,056,729 | D | |
| Common StockF2,F3 | Mar 15, 2017 | C | 367,275 | — | A | 1,424,004 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Promissory Note PayableF1,F3 | — | Mar 15, 2017 | J | 265,033 | D | — | — | Common Stock | 265,033 | 0 | D |
| Series C Convertible Preferred StockF2,F3 | — | Mar 15, 2017 | C | 367,275 | D | — | — | Common Stock | 367,275 | 0 | D |
Explanation of responses
- F1A $896,242 Convertible Term Promissory Note converted into Cachet Financial Solutions, Inc. common stock on a $3.60-for-$1.00 basis.
- F2The Series C Convertible Preferred Stock converted into Cachet Financial Solutions, Inc. Common Stock on a $3.60 for $100 basis.
- F3Reflects 1-for-1.5 reverse stock split which became effective on March 9, 2017