SEC Form 4/A · accession 0001493152-17-007188
ARGENTUM 47, INC. · ARGQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Peter James Smith
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
May 2, 2017
Accepted (ET)
Jun 27, 2017 · 11:44 am EDT
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 StockF1 | May 2, 2017 | J | 35,324,145 | — | A | 114,705,145 | 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 | — | May 2, 2017 | J | 3,532,500 | D | Nov 12, 2017 | — | Common Stock | 164,675,000 | 16,467,500 | D |
Explanation of responses
- F1On May 2, 2017, Mr. Smith exchanged 3,532,500 shares of Series B Preferred Stock in the Issuer for 35,324,145 shares of the Issuer's Common Stock held by Mr. Enzo Taddei, the Issuer's Chief Financial Officer. No cash or other consideration exchanged hands in this exchange transaction. Each 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.
- F2There is no conversion price applicable to the Series B Preferred Stock. There is no expiration date of the Series B Preferred Stock or of the right to convert into Common Stock.