SEC Form 4 · accession 0001493152-17-004932
Function(x) Inc. · FNCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sillerman Investment Co III, LLC
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Feb 28, 2017
Accepted (ET)
May 9, 2017 · 5:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000725876
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series G Preferred Stock | May 5, 2017 | A | 2,095 | $1,050.00 | A | 2,095 | D | |
| Common Stock | holding | — | — | — | 14,195,680 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series G Convertible Preferred StockF1,F2,F3 | — | May 5, 2017 | A | 2,095 | A | — | — | Common Stock | — | 2,095 | D |
| Warrants (right to buy) | $70.20 | holding | — | — | — | Oct 24, 2014 | Oct 24, 2019 | Common Stock | 225,000 | 225,000 | D |
| Warrants (right to buy) | $59.60 | holding | — | — | — | Nov 25, 2014 | Nov 25, 2019 | Common Stock | 150,000 | 150,000 | D |
| Warrants (right to buy) | $72.60 | holding | — | — | — | Dec 15, 2014 | Dec 15, 2019 | Common Stock | 775,000 | 775,000 | D |
| Warrants (right to buy) | $35.60 | holding | — | — | — | Mar 16, 2015 | Mar 16, 2020 | Common Stock | 350,000 | 350,000 | D |
Explanation of responses
- F1The Series G Preferred Shares are convertible into shares of Common Stock at the lower of (i) $1.05 per share and (ii) on or after June 1, 2017, the closing bid price on the day immediately prior to the conversion date (but not less than $0.10 per share).
- F2Twenty (20) days after Definitive Information Statement has been mailed to Shareholders of the Issuer.
- F3N/A