4//SEC Filing
Schoengood Bruce 4
Accession 0001213900-19-003848
CIK 0001522704other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 4:54 PM ET
Size
6.3 KB
Accession
0001213900-19-003848
Insider Transaction Report
Form 4
Schoengood Bruce
DirectorPresident & CEO10% Owner
Transactions
- Award
Series C Preferred Stock
2019-03-08+60→ 60 totalExercise: $0.00From: 2019-03-08→ Common Stock (1,500,000 underlying)
Footnotes (3)
- [F1]Each share of Series C Convertible Preferred Stock ("Series C Preferred") is, subject to a beneficial ownership limitation equal to 4.99%, convertible into 25,000 shares of the Issuer's common stock ("Common Stock"). Holders of Series C Preferred are not entitled to receive dividends. In the event of any liquidation, dissolution or winding up of the Issuer, holders of Series C Preferred are entitled to distributions from the assets in an amount equal to, or if less, on a prorated basis, the $100 stated value per share of Series C Preferred held by such holders. Holders of Series C Preferred are entitled to vote, on an as-converted basis, together with holders of Common Stock on all actions to be taken by the shareholders of the Issuer.
- [F2]The price of Series C Preferred was not determined for this transaction as the reported acquisition was an initial issuance granted by the Issuer's Board of Directors.
- [F3]Neither the Series C Preferred or its conversion feature have expiration dates.
Documents
Issuer
Medifirst Solutions, Inc.
CIK 0001522704
Entity typeother
Related Parties
1- filerCIK 0001647640
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 4:54 PM ET
- Size
- 6.3 KB