4//SEC Filing
DraftDay Fantasy Sports, Inc. 4
Accession 0000940128-16-000002
CIK 0000725876operating
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 3:27 PM ET
Size
22.6 KB
Accession
0000940128-16-000002
Insider Transaction Report
Form 4
SILLERMAN ROBERT F X
DirectorExec Chair and Chief Exec Off10% Owner
Transactions
- Exercise/Conversion
Common Stock
2016-06-03+22,580,645→ 30,811,268 total(indirect: See Footnote (2)) - Exercise/Conversion
Series C Convertible Preferred Stock
2016-06-03−7,000→ 3,000 total(indirect: See Footnote (2))→ Common Stock (22,580,645 underlying)
Holdings
- 93,054
Restricted Stock Unit
→ Common Stock (93,054 underlying) - 125,000
Warrants (right to buy)
Exercise: $80.00From: 2013-03-11Exp: 2018-03-11→ Common Stock (125,000 underlying) - 37,268
Common Stock
- 8,750,000(indirect: See Footnote (3))
Common Stock
- 350,000(indirect: See Footnote (2))
Warrants (right to buy)
Exercise: $1.78From: 2015-03-16Exp: 2020-03-16→ Common Stock (350,000 underlying) - 225,000(indirect: See Footnote (2))
Warrants (right to buy)
Exercise: $3.51From: 2014-10-24Exp: 2019-10-24→ Common Stock (225,000 underlying) - 150,000(indirect: See Footnote (2))
Warrants (right to buy)
Exercise: $2.98From: 2014-11-25Exp: 2019-11-25→ Common Stock (150,000 underlying) - 775,000(indirect: See Footnote (2))
Warrants (right to buy)
Exercise: $3.63From: 2014-12-15Exp: 2019-12-15→ Common Stock (775,000 underlying) - 62,500(indirect: See Footnote (10))
Warrants (right to buy)
Exercise: $55.20From: 2013-09-16Exp: 2018-09-16→ Common Stock (62,500 underlying) - 175,563(indirect: See Footnote (11))
Warrants (right to buy)
Exercise: $80.00→ Common Stock (175,563 underlying)
Footnotes (12)
- [F1]SIC III previously purchased 10,000 shares of the Issuer's Series C Convertible Preferred Stock. 7,000 shares of Series C Convertible Preferred Stock were exchanged for 22,580,645 shares of the Issuer's common stock in a transaction exempt from the provisions of Section 16(b) pursuant to Rule 16b-3.
- [F10]Warrants previously acquired by Sillerman Investment Company II, LLC ("SIC II"), of which the Reporting Person is the manager and sole member, exercisable at $55.20 per share.
- [F11]Warrants previously acquired by SIC II, exercisable at $80.00 per share.
- [F12]SIC III purchased 10,000 shares of the Issuer's Series C Convertible Preferred Stock at a price of $1,000 per share. Each share has a stated value of $1,000 and is convertible into common stock at a conversion price of $4 per share. Such shares are convertible upon issuance and for a period of five years thereafter. 7,000 shares of Series C Convertible Preferred Stock were issued on March 16, 2015 and are convertible through March 16, 2020, at which time they are subject to mandatory redemption by the Issuer. 3,000 shares of Series C Convertible Preferred Stock were issued on November 25, 2014 and are convertible through November 25, 2019, at which time they are subject to mandatory redemption by the Issuer.
- [F2]Held by Sillerman Investment Company III LLC ("SIC III"), of which the Reporting Person is the manager and sole member.
- [F3]Held by Sillerman Investment Company IV, LLC, of which the Reporting Person is the manager and sole member. These shares were acquired in a transaction exempt from the provisions of Section 16(b) pursuant to Rule 16b-3.
- [F4]Restricted stock units in respect of 155,090 shares of Common Stock granted pursuant to the Company's 2011 Executive Incentive Plan. These restricted stock units vested as to 31,018 shares on May 1, 2015 and an additional 31,018 shares will vest on each of May 1, 2017, May 1, 2018 and May 1, 2019. Each restricted stock unit represents the right to receive, at settlement, 1 share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
- [F5]Warrants previously acquired by SIC III, exercisable at $1.78 per share.
- [F6]Warrants previously acquired by SIC III, exercisable at $3.51 per share.
- [F7]Warrants previously acquired by SIC III, exercisable at $2.98 per share.
- [F8]Warrants previously acquired by SIC III, exercisable at $3.63 per share.
- [F9]Warrants previously acquired by the Reporting Person, exercisable at $80.00 per share.
Documents
Issuer
DraftDay Fantasy Sports, Inc.
CIK 0000725876
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000725876
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 3:27 PM ET
- Size
- 22.6 KB