SEC Form 4 · accession 0001437749-15-011065
Bulova Technologies Group, Inc. · BTGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary L Shapiro
10% Owner
Period of report
Mar 4, 2015
Accepted (ET)
May 26, 2015 · 4:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000317889
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF2,F1 | $0.02 | Mar 4, 2015 | P | 3,000,000 | A | Mar 4, 2015 | Mar 3, 2025 | Common Stock | 3,000,000 | 23,147,570 | D |
| WarrantF2,F1 | $0.02 | Mar 4, 2015 | P | 3,000,000 | A | Mar 4, 2015 | Mar 3, 2025 | Common Stock | 3,000,000 | 23,147,570 | D |
Explanation of responses
- F1Represents warrants to acquire 3,000,000 shares of the Issuer's common stock issued to each of the Reporting Person and his wife, Colleen Stacy Shapiro, held in Roth IRA'S.
- F2This amount includes other warrants of the Issuer's previously issued at varying times, exercise prices and expiration date as reported on Form 5 filed on December 12, 2014.
Remarks
The filing of this Report shall not be an admission that the Reporting Person is the beneficial owner of any other securities of the Issuer for Section 16 or any other purposes. The above amounts exclude conversion privileges for outstanding notes of the Issuer held by the Reporting Persons because they are not convertible for 181 days from February 6, 2015. See Issuer's Form 8-K, dated April 17, 2015.