SEC Form 4 · accession 0001213900-15-004621
CICERO INC · CICN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
John Steffens
Director · 10% Owner
Period of report
Jun 17, 2015
Accepted (ET)
Jun 19, 2015 · 5:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000945384
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.001 par value per shareF1 | Jun 17, 2015 | C | 6,414,832 | — | A | 108,182,501 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A-1 Convertible Preferred StockF6,F2,F3,F4 | — | Jun 17, 2015 | C | 15 | D | — | — | Common Stock | 14,832 | 0 | D |
| Series B Convertible Preferred StockF2,F3,F5 | — | Jun 17, 2015 | C | 6,400 | D | — | — | Common Stock | 6,400,000 | 0 | D |
Explanation of responses
- F1On June 17, 2015, the Reporting Person converted 14.832 shares of the Issuer's Series A-1 Convertible Preferred Stock into 14,832 shares of the Issuer's Common Stock, at a conversion ratio of 1:1,000, and converted 6,400 shares of the Issuer's Series B Convertible Preferred Stock into 6,400,000 shares of the Issuer's Common Stock, at a conversion ratio of 1:1,000.
- F2No fee was charged to the Reporting Person for this conversion.
- F3The securities reported herein are currently exercisable.
- F4The Series A-1 Convertible Preferred Stock is convertible into common stock at any time at a conversion ratio of 1:1,000, and has no expiration date.
- F5The Series B Convertible Preferred Stock is convertible into common stock at any time at a conversion ratio of 1:1,000, and has no expiration date.
- F6The Reporting Person acquired 14.832 shares of Series A-1 Preferred Stock in connection with a restructuring of the Issuer.