SEC Form 4 · accession 0001144204-15-062282

AMERICAN POWER GROUP Corp · APGI

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

Reporting owner

Director · 10% Owner

Period of report

Oct 21, 2015

Accepted (ET)

Nov 2, 2015 · 6:02 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000932699

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series C Convertible Preferred Stock^F1,F2	$0.20	Oct 26, 2015	P	52	A	Oct 21, 2015	—	Common Stock	2,596,575	52	I
Common Stock Warrants (right to buy)^F1,F2	$0.20	Oct 26, 2015	P	2,596,575	A	Oct 21, 2015	Oct 21, 2020	Common Stock	2,596,575	2,596,575	I

F1On October 21, 2015, upon the filing by the Issuer of a Certificate of Designation of Preferences, Rights and Limitations of Series C Convertible Preferred Stock with the Secretary of State of Delaware, the Issuer's Subordinated Contingent Convertible Promissory Notes (the "Notes"), together with all accrued but unpaid interest thereon, automatically converted into 51.932 shares of the Issuer's Series C Convertible Preferred Stock (the "Series C Preferred Stock") at a conversion price of $10,000 per share. Series C Preferred Stock has no expiration date and is convertible into common stock at the holder's election. Pursuant to the terms of the Notes, upon the conversion of the Notes and in addition to the delivery of Series C Preferred Stock, the Issuer delivered warrants to purchase 2,596,575 shares of common stock to the holder.
F2Mr. Wong is a partner in SMC EP and pursuant to Rule 16a-1 of the Securities Exchange Act of 1934, as amended, he may be deemed to be the beneficial owner of any securities reported herein that are beneficially owned by SMC EP. Mr. Wong disclaims beneficial ownership with respect to any securities except to the extent of his pecuniary interest therein.