SEC Form 4 · accession 0000899243-16-033747
Professional Diversity Network, Inc. · IPDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Nov 7, 2016
Accepted (ET)
Nov 17, 2016 · 3:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546296
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share | Nov 7, 2016 | X | 125,000 | $2.00 | A | 125,000 | D | |
| Common Stock, par value $0.01 per share | Nov 7, 2016 | X | 218,750 | $2.00 | A | 371,445 | D | |
| Common Stock, par value $0.01 per share | Nov 7, 2016 | J | 97,305 | $9.60 | D | 246,445 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Purchase WarrantF2 | $2.00 | Nov 7, 2016 | X | 125,000 | D | Jun 30, 2016 | Jun 30, 2021 | Common Stock, par value $0.01 per share | 125,000 | 0 | D |
| Common Stock Purchase WarrantF3 | $2.00 | Nov 7, 2016 | X | 218,750 | D | Jun 30, 2016 | Jun 30, 2021 | Common Stock, par value $0.01 per share | 218,750 | 0 | D |
Explanation of responses
- F1Shares repurchased by the Issuer in a partial issuer tender offer.
- F2The number of shares for which this warrant is exercisable and the exercise price were adjusted for a 8-for-1 reverse split of the Issuer's Common Stock on September 27, 2016.
- F3The number of shares for which this warrant is exercisable and the exercise price were adjusted for a 8-for-1 reverse split of the Issuer's Common Stock on September 27, 2016.