Function(x) Inc. 4

Accession 0000940128-16-000007

CIK 0000725876operating

View on SEC.gov Company Profile

Filed

Aug 25, 8:00 PM ET

Accepted

Aug 26, 6:46 PM ET

Size

28.9 KB

Accession

0000940128-16-000007

Insider Transaction Report

Form 4

Period: 2016-08-22

Function(x) Inc.FNCX

SILLERMAN ROBERT F X

DirectorExec Chair and Chief Exec Off10% Owner

Transactions

Award
Series C Preferred Stock
2016-08-22$12.00/sh+23,264$279,168→ 16 total(indirect: 1)
From: 2016-08-22→ Common Stock
Award
Series C Preferred Stock
2016-08-22$13.00/sh+153$1,989→ 16 total
From: 2016-08-22→ Common Stock
Award
Series C Preferred Stock
2016-08-22+3,608→ 16 total(indirect: 3)
From: 2016-08-22→ Common Stock
Award
Series C Preferred Stock
2016-08-22+4,050→ 16 total(indirect: 2)
From: 2016-08-22→ Common Stock

Holdings

Warrants (right to buy)
(indirect: 1)
Exercise: $55.20From: 2013-09-16Exp: 2018-09-16→ Common Stock (62,500 underlying)
62,500
Common Stock
(indirect: 1)
30,811,268
Common Stock
(indirect: 2)
8,750,000
Warrants (right to buy)
(indirect: 1)
Exercise: $1.78From: 2015-03-16Exp: 2020-03-16→ Common Stock (350,000 underlying)
350,000
Warrants (right to buy)
(indirect: 1)
Exercise: $3.51From: 2014-10-24Exp: 2019-10-24→ Common Stock (225,000 underlying)
225,000
Warrants (right to buy)
(indirect: 1)
Exercise: $3.63From: 2014-12-15Exp: 2019-12-15→ Common Stock (775,000 underlying)
775,000
Common Stock
37,268
Restricted Stock Unit
→ Common Stock (93,054 underlying)
93,054
Warrants (right to buy)
(indirect: 1)
Exercise: $2.98From: 2014-11-25Exp: 2019-11-25→ Common Stock (150,000 underlying)
150,000
Warrants (right to buy)
(indirect: 1)
Exercise: $80.00From: 2013-03-11Exp: 2018-03-11→ Common Stock (125,000 underlying)
125,000
Warrants (right to buy)
(indirect: 10)
Exercise: $80.00→ Common Stock (175,563 underlying)
175,563

Footnotes (17)

[F1]Held by Sillerman Investment Company III LLC ("SIC III"), 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 16-b(3) thereunder.
[F10]Warrants previously acquired by SIC II, exercisable at $80.00 per share.
[F11]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, one (1) share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
[F12]Debt held by SIC III was exchanged for shares of Series C Preferred Stock.
[F13]Debt held by the Reporting Person was exchanged for shares of Series C Preferred Stock.
[F14]Debt held by SIC IV was exchanged for shares of Series C Preferred Stock.
[F15]Debt held by SIC VI was exchanged for shares of Series C Preferred Stock.
[F16]Subject to the existing Exchange Agreement, the Series C Preferred Shares are exchangeable for common shares, the number of which will be based on the pricing at the time of exchange.
[F17]The Series C Preferres Shares are exchangeable for common shares pursuant to a pre-existing exchange agreement. Any exchange is subject to certain conditions but there is no expiration on the time at which such exchange may occur.
[F2]Held by Sillerman Investment Company IV LLC ("SIC IV"), 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 thereunder.
[F3]Held by Sillerman Investment Company VI ("SIC VI"), 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 thereunder.
[F4]Warrants previously acquired by SIC III, exercisable at $1.78 per share.
[F5]Warrants previously acquired by SIC III, exercisable at $3.51 per share.
[F6]Warrants previously acquired by SIC III, exercisable at $2.98 per share.
[F7]Warrants previously acquired by SIC III, exercisable at $3.63 per share.
[F8]Warrants previously acquired by the Reporting Person, exercisable at $80.00 per share.
[F9]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.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

Function(x) Inc.

CIK 0000725876

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000725876

Filing Metadata

Form type: 4
Filed: Aug 25, 8:00 PM ET
Accepted: Aug 26, 6:46 PM ET
Size: 28.9 KB

View on SEC.gov