SEC Form 4 · accession 0001595668-16-000001
Turtle Beach Corp · TBCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
SG VTB Holdings, LLC
10% Owner · Other
Period of report
Jul 22, 2015
Accepted (ET)
Apr 29, 2016 · 1:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001493761
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (Right to Buy)F1 | $2.54 | Jul 22, 2015 | J | 1,384,884 | A | Jul 22, 2015 | Jul 22, 2020 | Common Stock | 1,384,884 | 1,384,884 | D |
| Warrant (Right to Buy)F2 | $2.00 | Nov 16, 2015 | J | 1,365,410 | A | Nov 16, 2015 | Nov 16, 2025 | Common Stock | 1,365,410 | 1,365,410 | D |
Explanation of responses
- F1The warrant was issued in connection with and as consideration for certain concessions of the Reporting Person in an amendment to a subordinated promissory note of the Issuer in favor of the Reporting Person, as reported in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on July 23, 2015.
- F2The warrant was issued in connection with and as additional consideration for the Reporting Person's entering into an additional subordinated promissory note with the Issuer, as reported in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on November 20, 2015.