SEC Form 4 · accession 0001213900-15-006904
ALLTEMP, INC. · TGNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hugh Evans
Officer — President and CEO · Director
Period of report
Sep 9, 2015
Accepted (ET)
Sep 11, 2015 · 3:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000846377
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 9, 2015 | A | 960,000 | $0.00 | A | 960,000 | D | |
| Common StockF2,F3 | Jun 30, 2013 | J | 2,101,650 | — | A | 2,101,650 | I | See Footnote |
| Series B Preferred StockF4 | Jun 30, 2013 | P | 5,000 | $0.001 | A | 5,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to purchase)F5 | $0.44 | Sep 9, 2015 | A | 1,000,000 | A | Mar 9, 2016 | Aug 31, 2025 | Common Stock | 1,000,000 | 1,000,000 | D |
| Stock Options (right to purchase)F6,F5 | $0.44 | Sep 9, 2015 | A | 200,000 | A | Mar 9, 2016 | Sep 9, 2025 | Common Stock | 200,000 | 200,000 | I |
Explanation of responses
- F1Represents shares granted pursuant to stock award.
- F2Shares acquired pursuant to the share exchange with Moneytech Ltd.
- F3Consists of 2,001,514 shares registered in the name of BIX Holdings Pty Ltd ATF The Atherstone Trust & The Evans Family Superannuation Trust, a family trust of which Mr. Evans is the trustee, and 100,136 shares registered in the name of Mr. Evan's wife.
- F4The Series B Preferred Stock is not convertible into shares of common stock, or entitled to receive dividends. Until June 30, 2018, holders of Series B Preferred Stock are entitled to elect a majority of the Board of Directors and vote together with holders of common stock as a single class on all other matters presented to holders of common stock, with each vote per Series B Share equal to 1,000 shares of common stock.
- F5Options vest on the last day of each calendar month over a period of two years commencing October 31, 2015 until fully vested on September 30, 2017, but may only be exercised (to the extent then vested) commencing March 9, 2016.
- F6Represents options granted to the wife of Mr. Evans.