SEC Form 5 · accession 0001493152-17-000164
ARGENTUM 47, INC. · ARGQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter James Smith
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Dec 31, 2016
Accepted (ET)
Jan 5, 2017 · 9:26 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001533106
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 79,381,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Preferred StockF1,F2 | $0.00 | Nov 11, 2016 | J | 20,000,000 | A | Nov 12, 2017 | — | Common Stock | 200,000,000 | 20,000,000 | D |
Explanation of responses
- F1Each share of Series B Preferred Stock has 10 votes on all matters brought before meetings of shareholders, vote alongside holders of Common Stock and not as a separate class. Beginning on 11/12/17, each share of Series B Preferred Stock is convertible into 10 shares of Common Stock.
- F2The conversion provision is perpetual.