SEC Form 4 · accession 0001437749-15-010972
RMG Networks Holding Corp · RMGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory H Sachs
Officer — Executive Chairman · Director · 10% Owner
Period of report
May 20, 2015
Accepted (ET)
May 22, 2015 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001512074
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 20, 2015 | C | 7,333,333 | — | A | 7,333,333 | I | By White Knight Capital Management LLC |
| Common Stock | May 20, 2015 | D | 142,857 | $0.00 | D | 0 | I | By SCG Financial Holdings, LLC |
| Common Stock | holding | — | — | — | 437,456 | I | By Revocable Trust | |
| Common Stock | holding | — | — | — | 116,950 | I | By Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred StockF1 | — | May 20, 2015 | C | 73,333 | D | — | — | Common Stock | 7,333,333 | 0 | I |
Explanation of responses
- F1Each share of Series A Convertible Preferred Stock was mandatorily converted into 100 shares of common stock upon an affirmative stockholder vote approving the conversion, and had no expiration date.