SEC Form 4/A · accession 0001520138-15-000280
TWINLAB CONSOLIDATED HOLDINGS, INC. · TLCC
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
CAPSTONE FINANCIAL GROUP, INC.
10% Owner
Period of report
Feb 23, 2015
Accepted (ET)
Jun 17, 2015 · 8:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590695
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 23, 2015 | X | 7,244,500 | $0.0001 | A | 17,795,319 | D | |
| Common StockF1 | Mar 23, 2015 | S | 1,184,421 | $0.76 | D | 16,610,898 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Call Option (right to buy)F1 | $0.0001 | Feb 23, 2015 | X | 7,244,500 | D | Oct 15, 2014 | Aug 5, 2015 | Common Stock, par value $0.001 | 7,244,500 | 1,498,500 | D |
| Third-party call option (right to buy) | $1.00 | Mar 25, 2015 | S | 1,184,421 | D | Apr 13, 2015 | Apr 13, 2018 | Common Stock, par value $0.001 | 1,184,421 | 0 | D |
Explanation of responses
- F1In addition, call options for at least a further 1,498,500 shares were exercised on that date and at that exercise price, but the optionors of such other shares have not yet honored the exercise. When they do, this Form 4 will be amended to reflect the additional shares.
Remarks
All securities reported on this Form 4 are owned directly by Capstone Financial Group, Inc. and indirectly by Darin Richard Pastor, the CEO and majority stockholder of Capstone. Pastor is filing a separate Form 4 to reflect these same transactions.