SEC Form 4 · accession 0001140361-15-035561
SFX Entertainment, INC · SFXE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert F X Sillerman
Officer — CEO & Chrmn of Bd of Directors · Director · 10% Owner
Period of report
Sep 17, 2015
Accepted (ET)
Sep 21, 2015 · 10:55 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001553588
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series A Preferred StockF1 | Sep 17, 2015 | J | 300 | — | A | 300 | I | By Sillerman Investment Company III LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On September 17, 2015, Sillerman Investment Company III LLC ("SIC") , of which Mr. Sillerman is the manager and the sole member, entered into an agreement to purchase 300 newly issued shares of Series A Preferred Stock, par value $0.001, of the Company ("Series A Preferred Stock") for an aggregate amount of $30,000,000. SIC paid $15,000,000 on September 17, 2015, in exchange for 150 shares of Series A Preferred Stock. SIC will pay an aggregate of an additional $15,000,000 for, and will receive the remaining 150 shares, over the 30 day period after September 17, 2015.