SEC Form 3 · accession 0001415889-17-001547

IMAGEWARE SYSTEMS INC · IWSY

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

Reporting owner

Director

Period of report

Sep 15, 2017

Accepted (ET)

Sep 21, 2017 · 9:42 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000941685

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	holding	—	—		—	45,821	I	By the Robert T. Clutterbuck Trust
Common Stock	holding	—	—		—	1,468	I	By 401K Plan FBO Robert T Clutterbuck

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series E Convertible Preferred Stock^F1,F2	$1.90	holding	—	—	—	Feb 6, 2015	—	Common Stock	150,526	—	I
Series G Convertible Preferred Stock^F1,F2	$1.50	holding	—	—	—	Dec 29, 2016	—	Common Stock	1,022,000	—	I
Series G Convertible Preferred Stock^F1,F2	$1.50	holding	—	—	—	Dec 29, 2016	—	Common Stock	39,334	—	I

F1Both Series E Convertible Preferred Stock ("Series E Preferred") and the Series G Convertible Preferred Stock ("Series G Preferred") remain convertible so long as the shares remain issued and outstanding.
F2Each share of Series E Preferred and Series G Preferred has a liquidation preference of $1,000 per share ("Liquidation Preference"), and is convertible, at the option of the holder, into that number of shares of the Issuer's common stock equal to the Liquidation Preference, divided by $1.90 for shares of Series E Preferred and $1.50 for shares of Series G Preferred.