SEC Form 3 · accession 0001144204-18-040583
Datavault AI Inc. · DVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Fazio
Director · 10% Owner
Period of report
Jul 27, 2018
Accepted (ET)
Jul 30, 2018 · 6:23 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001682149
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 7,292 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (Right to Buy)F2 | $3.00 | holding | — | — | — | May 17, 2017 | May 17, 2022 | Common Stock | 2,614,381 | — | I |
| Warrant (Right to Buy)F2 | $3.00 | holding | — | — | — | Jul 25, 2018 | Jul 25, 2023 | Common Stock | 487,863 | — | I |
Explanation of responses
- F1Includes 2,436 shares of restricted common stock that will be released on September 1, 2018 and 4,856 shares of restricted common stock which will be released in two equal tranches on March 1, 2019 and September 1, 2019.
- F2The reporting person serves as the chairman of MARCorp Financial LLC, of which MARCorp Signal, LLC is a wholly-owned subsidiary.