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4//SEC Filing

PSM HOLDINGS INC 4

Accession 0001441557-16-000087

CIK 0001362180operating
View on SEC.govCompany Profile

Filed

Jul 4, 8:00 PM ET

Accepted

Jul 5, 7:00 PM ET

Size

28.1 KB

Accession

0001441557-16-000087

Insider Transaction Report

Form 4
Period: 2016-06-30
PSM HOLDINGS INCPSMH
MARGOLIES MICHAEL
Director
Transactions
  • Other

    Preferred Series A Stock

    2016-06-30$1000.00/sh+2,312,500$2,312,500,000→ 61,512,500 total(indirect: By LLC)
    Exercise: $0.08From: 2013-02-04→ Common Stock (2,312,500 underlying)
  • Other

    Preferred Series C Stock

    2016-06-30$1000.00/sh+2,999,400$2,999,400,000→ 79,799,400 total(indirect: By LLC)
    Exercise: $0.03From: 2014-04-01→ Common Stock (2,999,400 underlying)
  • Other

    Preferred Series E Stock

    2016-06-30$1000.00/sh+1,049,477$1,049,477,000→ 107,336,250 total(indirect: By LLC)
    Exercise: $0.01From: 2014-12-15→ Common Stock (1,049,477 underlying)
  • Other

    Preferred Series E Stock

    2016-06-30$1000.00/sh+3,060,973$3,060,973,000→ 79,931,250 total(indirect: By LLC)
    Exercise: $0.01From: 2014-11-24→ Common Stock (3,060,973 underlying)
  • Other

    Preferred Series E Stock

    2016-06-30$1000.00/sh+726,212.5$726,212,500→ 159,312,462.5 total(indirect: By LLC)
    Exercise: $0.01From: 2016-04-06→ Common Stock (726,212.5 underlying)
Holdings

  • Common Stock

    (indirect: By LLC)
    28,262

  • Common Stock

    (indirect: By LLC)
    5,479

  • Common Stock

    (indirect: By LLC)
    39,741

  • Common Stock

    (indirect: By Trust)
    1,000,000

  • Common Stock

    1,429,393

  • Common Stock

    10,951,132

  • Warrants

    Exercise: $0.01From: 2016-04-06Exp: 2021-04-06→ Common Stock (4,347,000 underlying)
    5,042,630

  • Common Stock

    175,000

  • Warrants

    Exercise: $0.04From: 2013-02-05Exp: 2018-02-05→ Common Stock (695,630 underlying)
    695,630

  • Common Stock

    (indirect: By LLC)
    35,567

  • Common Stock

    203,261
Footnotes (12)
  • [F1]Shares held by LB Consulting, LLC of which Mr. Margolies is the managing member. Mr. Margolies disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
  • [F10]The 512.5 shares of Series E Convertible Preferred Stock are convertible at a rate of 101,417 shares of Common Stock for each share of preferred stock converted. On June 30, 2016, pursuant to the provisions of the Certificate of Designation for the Series E Preferred Stock regarding voluntary conversion of the Series E Preferred Stock into Common Stock, a quarterly dividend was accrued but unpaid, which increased the convertible amount pursuant to the formula contained in the Certificate of Designation for the Series E Preferred Stock. (11) Preferred Shares held by LB Merchant PSMH-4, LLC, of which Mr. Margolies is the managing member. Mr. Margolies disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
  • [F11]Shares held by LB Merchant PSMH-1, LLC, of which Mr. Margolies is the managing member. Mr. Margolies disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
  • [F12]Shares held by LB Merchant PSMH-2, LLC, of which Mr. Margolies is the managing member. Mr. Margolies disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
  • [F2]The 3,700 shares of Series A Convertible Preferred Stock are convertible at a rate of 16,625 shares of Common Stock for each share of preferred stock converted. On June 30, 2016, pursuant to the provisions of the Certificate of Designation for the Series A Preferred Stock regarding voluntary conversion of the Series A Preferred Stock into Common Stock, a quarterly dividend was accrued but unpaid, which increased the convertible amount pursuant to the formula contained in the Certificate of Designation for the Series A Preferred Stock.
  • [F3]No Expiration Date.
  • [F4]Preferred shares held by LB Merchant PSMH-1, LLC, of which Mr. Margolies is the managing member. Mr. Margolies disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
  • [F5]The 1,800 shares of Series C Convertible Preferred Stock are convertible at a rate of 44,333 shares of Common Stock for each share of preferred stock converted. On June 30, 2016, pursuant to the provisions of the Certificate of Designation for the Series C Preferred Stock regarding voluntary conversion of the Series C Preferred Stock into Common Stock, a quarterly dividend was accrued but unpaid, which increased the convertible amount pursuant to the formula contained in the Certificate of Designation for the Series C Preferred Stock.
  • [F6]Preferred shares held by LB Merchant PSMH-2, LLC, of which Mr. Margolies is the managing member. Mr. Margolies disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
  • [F7]The 612.5 shares of Series E Convertible Preferred Stock are convertible at a rate of 130,500 shares of Common Stock for each share of preferred stock converted. On June 30, 2016, pursuant to the provisions of the Certificate of Designation for the Series E Preferred Stock regarding voluntary conversion of the Series E Preferred Stock into Common Stock, a quarterly dividend was accrued but unpaid, which increased the convertible amount pursuant to the formula contained in the Certificate of Designation for the Series E Preferred Stock.
  • [F8]Preferred Shares held by LB Merchant PSMH-3, LLC, of which Mr. Margolies is the managing member. Mr. Margolies disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
  • [F9]The 210 shares of Series E Convertible Preferred Stock are convertible at a rate of 130,500 shares of Common Stock for each share of preferred stock converted. On June 30, 2016, pursuant to the provisions of the Certificate of Designation for the Series E Preferred Stock regarding voluntary conversion of the Series E Preferred Stock into Common Stock, a quarterly dividend was accrued but unpaid, which increased the convertible amount pursuant to the formula contained in the Certificate of Designation for the Series E Preferred Stock.

Documents

1 file

Issuer

PSM HOLDINGS INC

CIK 0001362180

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001362180

Filing Metadata

Form type
4
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 7:00 PM ET
Size
28.1 KB
View on SEC.gov