SEC Form 5 · accession 0001493152-19-000293

ARGENTUM 47, INC. · ARGQ

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director · 10% Owner

Period of report

Dec 31, 2018

Accepted (ET)

Jan 8, 2019 · 12:18 pm 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	—	—		—	114,705,185	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series B Preferred Stock^F1,F2	$0.00	holding	—	—	—	Nov 12, 2017	—	Common Stock	164,675,000	16,467,500	D
Series C Preferred Stock^F3,F4	$0.00	holding	—	—	—	Sep 27, 2020	—	Common Stock	140,000,000	1,400,000	D

F1The conversion provision and right to convert are perpetual.
F2Each 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. As part of funding agreement with the Issuer's private lenders, Xantis Private Equity and William Marshal Plc, Mr. Smith has agreed to lock-in and not convert any of his Series B Preferred Stock prior to September 27, 2020.
F3The conversion provision and right to convert are perpetual.
F4Each share of Series C Preferred Stock has 100 votes on all matters brought before meetings of shareholders, vote alongside holders of Common Stock and not as a separate class. Beginning on 9/27/2020, each share of Series C Preferred Stock is convertible into 100 shares of Common Stock. As part of funding agreement with the Issuer's private lenders, Xantis Private Equity and William Marshal Plc, Mr. Smith has agreed to lock-in and not convert any of his Series C Preferred Stock prior to September 27, 2020.