SEC Form 4 · accession 0001415889-18-001413

IMAGEWARE SYSTEMS INC · IWSY

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

Reporting owner

Director

Period of report

Sep 10, 2018

Accepted (ET)

Sep 21, 2018 · 9:26 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000941685

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
Warrant^F1,F2,F3	$0.01	Sep 10, 2018	J	2,353	A	Sep 10, 2018	Sep 10, 2028	Common Stock	2,353	2,353	I
Warrant^F1,F2,F3	$0.01	Sep 10, 2018	J	9,968	A	Sep 10, 2018	Sep 10, 2028	Common Stock	9,968	9,968	I
Warrant^F1,F2,F3	$0.01	Sep 10, 2018	J	11,403	A	Sep 10, 2018	Sep 10, 2028	Common Stock	11,403	11,403	D
Warrant^F1,F2,F3	$0.01	Sep 10, 2018	J	61,918	A	Sep 10, 2018	Sep 10, 2028	Common Stock	61,918	61,918	I

F1On September 10, 2018, the Issuer's Board of Directors declared a special dividend, payable to all holders of record of shares of the Issuer's Series A Convertible Preferred Stock ("Series A Preferred") as of September 10, 2018, pursuant to which the Reporting Person received the warrants reported herein.
F2The warrants may only be exercised concurrently with the conversion of shares of Series A Preferred held by the Reporting Person into shares of the Issuer's common stock.
F3The warrants will expire on the earliest to occur of (i) the conversion by the Reporting Person of all shares of Series A Preferred held by the Reporting Person into shares of the Issuer's common stock, (ii) the redemption by the Issuer of all outstanding shares of Series A Preferred held by the Reporting Person, (iii) the warrants no longer representing the right to purchase any shares of the Issuer's common stock, or (iv) the tenth anniversary of the date of issuance.