SEC Form 4/A · accession 0001493152-17-007190
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
Enzo Taddei
Officer — Chief Financial Officer · Director · 10% Owner
Period of report
May 2, 2017
Accepted (ET)
Jun 27, 2017 · 11:48 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 | — | D | 0 | 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 17, 2017 | J | 3,532,500 | A | Nov 12, 2017 | — | Common Stock | 235,325,000 | 23,532,500 | D |
Explanation of responses
- F1On May 2, 2017, Mr. Taddei exchanged 35,324,145 shares of Common Stock in the Issuer for 3,532,500 shares of the Issuer's Series B Preferred Stock held by Mr. Peter Smith, the Issuer's Chief Executive 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, votes 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.