Home/Filings/4/0001437749-17-005298
4//SEC Filing

DIGITAL POWER CORP 4

Accession 0001437749-17-005298

$GPUSCIK 0000896493operating

Filed

Mar 26, 8:00 PM ET

Accepted

Mar 27, 1:37 PM ET

Size

6.7 KB

Accession

0001437749-17-005298

Insider Transaction Report

Form 4
Period: 2017-03-24
Transactions
  • Other

    Series B Convertible Preferred Stock

    2017-03-24$10.00/sh+25,000$250,00025,000 total
    Exercise: $0.70Common Stock (357,143 underlying)
Holdings
  • Common Stock

    (indirect: By LLC)
    2,725,860
  • Common Stock

    1,800
Footnotes (2)
  • [F1]These shares are owned by Philou Ventures, LLC, of which the Reporting Person is the Manager.
  • [F2]The shares of Series B Convertible Preferred Stock (the "Shares") are convertible upon the earlier to occur of (i) 60 months from March 24, 2017, or (ii) upon the filing by the Issuer of one or more periodic reports that, singly or collectively, evidence(s) that the Issuer's gross revenues have reached no less than $10,000,000 in the aggregate, on a consolidated reporting basis, over four consecutive quarters in accordance with U.S. GAAP. There is no expiration date applicable to the conversion of the Shares.

Issuer

DIGITAL POWER CORP

CIK 0000896493

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000896493

Filing Metadata

Form type
4
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 1:37 PM ET
Size
6.7 KB