SEC Form 4 · accession 0001594062-15-000316
Eagle Mountain Corp · EMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ehud Amir
Officer — Chief Operating Officer · Director · 10% Owner
Period of report
Jun 5, 2015
Accepted (ET)
Nov 4, 2015 · 5:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000934445
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Jun 5, 2015 | J | 90,000,000 | $0.00 | A | 90,000,000 | I | Through Amir Holdings Group Limited |
| Common stock | Jul 17, 2015 | C | 40,000,000 | $0.00 | A | 130,000,000 | I | Through Amir Holdings Group Limited |
| Common stock | Oct 23, 2015 | D | 40,000,000 | $0.00 | D | 90,000,000 | I | Through Amir Holdings Group Limited |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Convertible Preferred StockF1,F2 | $0.00 | Jun 5, 2015 | J | 8,000,000 | A | Jul 17, 2015 | — | Common Stock | 40,000,000 | 8,000,000 | I |
| Series E Convertible Preferred StockF3,F2 | $0.00 | Oct 23, 2015 | J | 8,000,000 | A | Oct 23, 2015 | — | Common Stock | 40,000,000 | 8,000,000 | I |
Explanation of responses
- F1The shares are directly owned by Amir Holdings Group Limited ("Amir Holdings"), which received 90,000,000 shares of common stock and 8,000,000 shares of Series B Convertible Preferred Stock of Eagle Mountain Corporation (the "Company") pursuant to an assignment and assumption agreement dated June 5, 2015, between the Company and Eagle Mountain Ltd. The reporting person is the director of Amir Holdings and in such capacity is deemed to have holding voting and investment power over the shares held by Amir Holdings.
- F2There is no expiration date.
- F3Pursuant to an Exchange Agreement between the Company and the reporting person, the reporting person exchanged 40,000,000 shares of the Company's common stock and received 8,000,000 shares of the Company's Series E Convertible Preferred Stock. There is no expiration date for the conversion rights.