4//SEC Filing
DIGITAL POWER CORP 4
Accession 0001437749-17-010695
$GPUSCIK 0000896493operating
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 10:43 AM ET
Size
6.9 KB
Accession
0001437749-17-010695
Insider Transaction Report
Form 4
Ault Kristine L
Director
Transactions
- Other
Series B Convertible Preferred Stock
2017-06-02$10.00/sh+25,000$250,000→ 100,000 total(indirect: .)Exercise: $0.70→ Common Stock (1,428,571 underlying)
Holdings
- 2,725,860(indirect: By LLC)
Common Stock
- 2,850
Common Stock
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.
Documents
Issuer
DIGITAL POWER CORP
CIK 0000896493
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000896493
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 10:43 AM ET
- Size
- 6.9 KB