4//SEC Filing
BEAMZ INTERACTIVE INC 4
Accession 0001118491-14-000001
CIK 0001423357operating
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 6:59 PM ET
Size
25.7 KB
Accession
0001118491-14-000001
Insider Transaction Report
Form 4
MOLLO CHARLES R
DirectorChief Executive Officer10% Owner
Transactions
- Other
Warrants
2014-02-21+102,055→ 102,055 total(indirect: See Footnote 2)Exercise: $0.02From: 2014-02-21Exp: 2017-02-21→ Common Stock (102,055 underlying) - Other
Convertible Secured Subordinated Promissory Note
2014-02-21+1→ 1 total(indirect: See Footnotes 3&5)Exercise: $0.20From: 2014-02-21Exp: 2015-12-31→ Common Stock (1,013,527 underlying) - Other
Warrants
2014-02-21+51,288→ 51,288 total(indirect: See Footnote 1)Exercise: $0.02From: 2014-02-21Exp: 2017-02-21→ Common Stock (51,288 underlying) - Other
Convertible Secured Subordinated Promissory Note
2014-02-21+1→ 1 total(indirect: See Footnote 1)Exercise: $0.20From: 2014-02-21Exp: 2015-12-31→ Common Stock (256,438 underlying) - Other
Convertible Secured Subordinated Promissory Note
2014-02-21+1→ 1 total(indirect: See Footnote 2)Exercise: $0.20From: 2014-02-21Exp: 2015-12-31→ Common Stock (510,274 underlying) - Other
Warrants
2014-02-21+1,207,405→ 1,207,405 total(indirect: See Footnotes 4&5)Exercise: $0.02From: 2014-02-21Exp: 2017-02-21→ Common Stock (1,207,405 underlying) - Other
Convertible Secured Subordinated Promissory Note
2014-02-21+1→ 1 total(indirect: See Footnotes 4&5)Exercise: $0.20From: 2014-02-21Exp: 2015-12-31→ Common Stock (6,037,027 underlying) - Other
Warrants
2014-02-21+202,705→ 202,705 total(indirect: See Footnotes 3&5)Exercise: $0.02From: 2014-02-21Exp: 2017-02-21→ Common Stock (202,705 underlying)
Footnotes (5)
- [F1]Reflects the receipt by CRM-008 Trust ("CRM-008"), of which Mr. Mollo serves as trustee, of a Convertible Secured Promissory Note with a principal amount of $51,287.67 (convertible into the Issuer's Common Stock) and Warrants pursuant to an Amended and Restated 2013 Convertible Debt and Security Agreement dated 2/21/2014 (the "Note Transaction") in exchange for the conversion of the balance owed on a loan by the Issuer to CRM-008 of $51,287.67 into a loan pursuant to a Loan Conversion Agreement dated February 21, 2014.
- [F2]Reflects the receipt by CRM Revocable Trust ("CRM Revocable"), of which Mr. Mollo serves as trustee and as a beneficiary, of a Convertible Secured Promissory Notes with a principal amount of $102,054.79 (convertible into the Issuer's Common Stock) and Warrants pursuant to the Note Transaction in exchange for the conversion of the balance owed on a loan by the Issuer to CRM Revocable of $102,054.79 into a loan pursuant to a Loan Conversion Agreement dated February 21, 2014.
- [F3]Reflects the receipt by TM-07 Investments, LLC ("TM-07"), 100% of the ownership interests in which Mr. Mollo indirectly beneficially owns, of a Convertible Secured Promissory Notes with a principal amount of $202,705.47 (convertible into the Issuer's Common Stock) and Warrants pursuant to the Note Transaction in exchange for the conversion of the balance owed on a loan by the Issuer to TM-07 of $202,705.47 into a loan pursuant to a Loan Conversion Agreement dated February 21, 2014.
- [F4]Reflects the receipt by TM-07 of a Convertible Secured Promissory Notes with a principal amount of $1,207,405.46 (convertible into the Issuer's Common Stock) and Warrants pursuant to the Note Transaction in exchange for the conversion of a receivable of $1,207,405.46 owed by the Issuer to TM-07 into a loan pursuant to a Payable Conversion Agreement dated February 21, 2014.
- [F5]TM-07, which is also reporting its ownership on this Form 4, does not beneficially own the securities owned by CRM-008 or CRM Revocable and instead only beneficially owns such warrants and other derivative securities as it is listed as owning on Table II of this Form 4 or any other beneficial ownership form filed with the SEC.
Documents
Issuer
BEAMZ INTERACTIVE INC
CIK 0001423357
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001423357
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 6:59 PM ET
- Size
- 25.7 KB