4//SEC Filing
CONCIERGE TECHNOLOGIES INC 4
Accession 0001632685-16-000001
$MGLDCIK 0001005101operating
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 5:24 PM ET
Size
9.1 KB
Accession
0001632685-16-000001
Insider Transaction Report
Form 4
Nicholas & Melinda Gerber Living Trust
DirectorChief Executive Officer10% Owner
Transactions
- Other
Series B Voting, Convertible, Preferred Stock
2016-12-08+9,354,119→ 11,517,552 totalExercise: $0.00→ Common Stock (187,082,380 underlying) - Other
Common stock
2016-12-08+286,882,373→ 313,549,040 total
Footnotes (5)
- [F1]On September 19, 2016, Concierge Technologies, Inc., a Nevada corporation (the "Company"), entered into a conditional Stock Purchase Agreement (the "Agreement"), dated September 19, 2016, with Wainwright Holdings, Inc., a Delaware corporation ("Wainwright") and certain shareholders of Wainwright (the "Sellers"). The Agreement closed on December 9, 2016, resulting in the acquisition of shares as reported on this Form 4. A copy of the Agreement can be found on the Company's Form 8-K filed with the Commission on September 20, 2016.
- [F2]The shares were issued at a cost basis of $0.085 per share.
- [F3]The Holder previously reported beneficial ownership on Form 3, filed with the Commission on February 5, 2015. The Company completed a 1:10 reverse stock split on December 15, 2015 (the "Reverse Split"). The amount of securities beneficially owned reflects the Reverse Split.
- [F4]Nicholas Gerber and Melinda Gerber have voting dispositive control over the shares beneficially owned by the Nicholas Melinda Gerber Living Trust.
- [F5]Each share of the Series B Voting, Convertible, Preferred Stock is convertible into 20 shares of common stock at any time (except as restricted below), at the holder's election, and has no expiration date. A holder of shares of Series B Voting, Convertible, Preferred Stock may not exercise its conversion rights until after 270 days after the date of issuance of the shares and, if exercised, must be exercised with regard to all shares of the series held by such holder and, provided further, no conversion shall take place until the Company has amended its Articles of Incorporation to ensure there are authorized shares of common stock at least sufficient to allow all shares of this Series to be converted into common stock.
Documents
Issuer
CONCIERGE TECHNOLOGIES INC
CIK 0001005101
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001005101
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 5:24 PM ET
- Size
- 9.1 KB