SEC Form 3 · accession 0001415889-19-000289
Super League Gaming, Inc. · SLE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert B Stewart Jr.
Director
Period of report
Feb 25, 2019
Accepted (ET)
Mar 7, 2019 · 7:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001621672
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 5,455 | D | ||
| Common Stock | holding | — | — | — | 92,592 | I | By the Robert B. Stewart, Jr. Separate Property Trust U/A/D 11/10/08 | |
| Common Stock | holding | — | — | — | 133,334 | I | By the Robert Stewart, Jr. ROTH IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $0.30 | holding | — | — | — | — | Oct 16, 2024 | Common Stock | 33,334 | — | D |
| Common Stock Purchase Warrant | $10.80 | holding | — | — | — | Jul 1, 2017 | Jun 15, 2022 | Common Stock | 1,334 | — | D |
| Common Stock Purchase Warrant | $10.80 | holding | — | — | — | Jul 1, 2017 | Jun 15, 2022 | Common Stock | 32,000 | — | D |
| Common Stock Purchase Warrant | $9.35 | holding | — | — | — | May 28, 2018 | May 28, 2023 | Common Stock | 10,843 | — | D |
| 9.00% Secured Convertible Promissory NoteF3,F4 | — | holding | — | — | — | — | — | Common Stock | — | — | I |
| Common Stock Purchase Warrant | $10.80 | holding | — | — | — | Mar 30, 2018 | Mar 30, 2023 | Common Stock | 1,852 | — | I |
Explanation of responses
- F1Consists of 5,455 restricted stock units ("RSUs"), which RSUs will vest in equal installments on a monthly basis and will vest in full on February 25, 2020.
- F2Stock option vested in equal monthly installments over a 42 month period, and became fully vested on April 16, 2018.
- F3Upon closing of the Issuer's initial public offering (the "IPO"), all outstanding principal and accrued but unpaid interest of the 9.00% Secured Convertible Promissory Note (the "Note") will automatically convert into shares of the Issuer's common stock at a conversion price equal to the lesser of (i) $10.80 or (ii) the initial public offering price per share of the Issuer's common stock, less a 15% discount.
- F4The Note will mature on the earlier to occur of (i) the Issuer's IPO or (ii) April 30, 2019.