SEC Form 4 · accession 0001646719-15-000003
AMERICAN POWER GROUP Corp · APGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil K Braverman
Director
Period of report
Oct 21, 2015
Accepted (ET)
Oct 28, 2015 · 1:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000932699
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C Convertible Preferred StockF2,F1 | — | Oct 21, 2015 | P | 26 | A | — | — | Common Stock | 1,298,288 | 26 | I |
| Common Stock Purchase WarrantF2 | $0.20 | Oct 21, 2015 | P | 1,298,288 | A | Oct 21, 2015 | Oct 21, 2020 | Common Stock | 1,298,288 | 1,298,288 | I |
Explanation of responses
- F1The Series C convertible preferred stock is convertible at any time, at the holder's election, and has no expiration date. Each share of convertible preferred stock has a fair value of $10,000 per share and is convertible into shares of common stock at a conversion price of $.20 per share.
- F2The reported securities are owned directly by Associated Private Equity, LLC, in which Mr. Braverman is a member. Mr. Braverman disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.