SEC Form 4 · accession 0001437749-16-036821
MIKROS SYSTEMS CORP · MKRS.OB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Henry Silcock
Officer — Chief Technology Officer
Period of report
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 11:25 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000317340
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 5, 2016 | J | 17,770 | $0.00 | A | 67,770 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Convertible Preferred StockF1,F2 | $0.00 | Aug 5, 2016 | J | 7,313 | D | — | — | Common Stock | 21,939 | 0 | D |
Explanation of responses
- F1The Series B Convertible Preferred Stock was called for redemption by the issuer in exchange for a combination of cash and 2.43 share of common stock for each redeemed share.
- F2Each share of Series B Convertible Preferred Stock was convertible at any time into three shares of common stock, and had no expiration date.