SEC Form 4 · accession 0001654954-17-007672
CICERO INC · CICN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Steffens
Director · 10% Owner
Period of report
Aug 14, 2017
Accepted (ET)
Aug 16, 2017 · 1:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000945384
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF1 | $0.07 | Aug 14, 2017 | P | 20,333,620 | A | Aug 14, 2017 | Aug 14, 2027 | Common Stock | 20,333,620 | 20,333,620 | D |
| Series A Preferred StockF1,F2 | $0.05 | Aug 14, 2017 | P | 5,083 | A | Aug 14, 2017 | — | Common Stock | 101,668,101 | 5,083 | D |
Explanation of responses
- F1The purchase price is included in the note exchange between Mr. Steffens and the Company for the exchange of $5,083,405 of debt and interest exchanged for 5,083 Series A Preferred Stock and a warrant for 20,333,620 common shares.
- F2The Series A Preferred Shares have no expiration date.