SEC Form 4 · accession 0001477932-15-005086
Pulse Network, Inc. · TPNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Saber
Officer — CEO and Director · Director · 10% Owner
Period of report
Aug 3, 2015
Accepted (ET)
Aug 13, 2015 · 6:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001521013
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 3, 2015 | P | 2,952,857 | $0.0065 | A | 54,323,887 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred StockF1 | $0.00 | holding | — | — | — | Mar 29, 2013 | — | Common Stock | 414 | 414 | D |
| Series B Preferred StockF2,F1 | $0.00 | holding | — | — | — | Mar 29, 2013 | — | Common Stock | 31,005,000 | 6,201,000 | D |
Explanation of responses
- F1Stephen Saber holds 414 shares of Series A Preferred Stock. Each share of Series A Preferred Stock is convertible, at the option of the holder, on a 1-for-1 basis, into shares of common stock and has no expiration date.
- F2Stephen Saber holds 6,201,000 shares of Series B Preferred Stock. Each share of Series B Preferred Stock is convertible, at the option of the holder, on a 1-for-5 basis, into shares of common stock, has voting rights equal to 100 shares of common stock and no expiration date.