SEC Form 4 · accession 0001144204-18-066798

GIGA TRONICS INC · GIGA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

10% Owner

Period of report

Dec 31, 2018

Accepted (ET)

Dec 31, 2018 · 6:31 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000719274

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Dec 31, 2018	J	1,010,034	—	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Series B Convertible Voting Perpetual Preferred Stock^F1,F2	—	Dec 31, 2018	J	9,997	D	—	—	Common Stock	999,700	D
Series C Convertible Voting Perpetual Preferred Stock^F1,F2	—	Dec 31, 2018	J	3,425	D	—	—	Common Stock	342,465	D
Series D Convertible Voting Perpetual Preferred Stock^F1,F2	—	Dec 31, 2018	J	5,112	D	—	—	Common Stock	511,186	D
Warrant (Right to Buy Common Stock)^F1,F3	$1.78	Dec 31, 2018	J	898,634	D	—	Feb 16, 2020	Common Stock	898,634	D
Warrant (Right to Buy Common Stock)^F1,F3	$1.76	Dec 31, 2018	J	194,437	D	—	Feb 23, 2020	Common Stock	194,437	D

F1The Reporting Person is filing this Form 4 to report the disposition of shares of common stock, convertible preferred stock and warrants of the Issuer (collectively, the "Issuer Securities") following the in-kind distribution, without consideration, of such Issuer Securities by the Reporting Person to its investors in connection with the wind up and dissolution of the Reporting Person (the "In-Kind Distribution"). As a result of the In-Kind Distribution, the Reporting Person no longer beneficially owns any common stock or any other securities of the Issuer. This Form 4 is an 'exit filing' for the Reporting Person.
F2Each of the Series B Convertible Voting Perpetual Preferred Stock, the Series C Convertible Voting Perpetual Preferred Stock and the Series D Convertible Voting Perpetual Preferred Stock is exercisable at any time upon request and is initially convertible into shares of common stock on a 1:100 basis. Each such stock has no expiration date.
F3Such Warrants are immediately exercisable.