SEC Form 4 · accession 0001213900-18-005682
MyDx, Inc. · MYDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rida Yazbeck Daniel
Officer — Chairman of the Board and CEO · Director · 10% Owner
Period of report
Jun 30, 2017
Accepted (ET)
May 8, 2018 · 3:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001582341
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 7, 2018 | J | 1,750,000,000 | — | A | 1,789,351,606 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock (Series B Convertible)F3 | $0.0001 | Jun 30, 2017 | J | 100,000 | D | Dec 23, 2016 | — | Common Stock | 1,000,000,000 | 200,000 | I |
| Preferred Stock (Series B Convertible)F1 | $0.0001 | May 7, 2018 | C | 175,000 | D | Dec 23, 2016 | — | Common Stock | 1,750,000,000 | 25,000 | I |
Explanation of responses
- F1On May 7, 2018, Mr. Yazbeck converted 175,000 shares of Series B Convertible Preferred Stock into shares of Common Stock via a cashless conversion of the stated value of $1.00 per Series B share divided by a conversion price of $0.0001 per share for an issuance of 1,750,000,000 shares of Common Stock.
- F2Beneficial ownership of Daniel R. Yazbeck, directly and indirectly, as of the date of the filing of this Form 4 consists of 10,000 shares held directly by Mr. Yazbeck, 9,132,500 shares held by seven trusts for which Mr. Yazbeck serves as trustee, and 1,780,000,000 shares held by Mr. Yazbeck and YCIG, Inc. (an entity over whose securities Mr. Yazbeck has sole voting and sole investment control).
- F3On June 30, 2017, Mr. Yazbeck sold 100,000 shares of Series B Preferred for gross proceeds of $50,000.