Filing Details
- Accession Number:
- 0001144204-13-030847
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-05-21 17:18:41
- Reporting Period:
- 2013-04-14
- Filing Date:
- 2013-05-21
- Accepted Time:
- 2013-05-21 17:18:41
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 317788 | Mandalay Digital Group Inc. | MNDL.OB | Patent Owners & Lessors (6794) | 222267658 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1071292 | S Robert Ellin | 4751 Wilshire Blvd., 3Rd Floor Los Angeles CA 90010 | No | No | Yes | No | |
| 1289378 | L.p. Capital Trinad | 4751 Wilshire Blvd., 3Rd Floor Los Angeles CA 90010 | No | No | Yes | No | |
| 1346061 | Trinad Management, Llc | 4751 Wilshire Blvd., 3Rd Floor Los Angeles CA 90010 | No | No | Yes | No | |
| 1346370 | Ltd. Fund Master Capital Trinad | 4751 Wilshire Boulevard, 3Rd Floor Los Angeles CA 90010 | Yes | No | Yes | No | |
| 1384858 | Trinad Advisors Ii, Llc | 4751 Wilshire Blvd., 3Rd Floor Los Angeles CA 90010 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2013-04-20 | 714,286 | $500,000.00 | 714,286 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2013-04-20 | 714,286 | $500,000.00 | 714,286 | No | 4 | P | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | P | Indirect | See Footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrant to Purchase Common Stock (Right to Buy) | Acquisiton | 2013-04-20 | 178,571 | $0.00 | 178,571 | $0.70 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 178,571 | No | 4 | A | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrant to Purchase Common Stock (Right to Buy) | $0.00 | 178,571 | 178,571 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 178,571 | 178,571 | Indirect |
Footnotes
- On April 12, 2013, the Trinad Capital Master Fund, a Cayman Island exempted company ("Trinad Master Fund") acquired in the aggregate a total of 714,286 shares of common stock and warrants to purchase a total of 178,571 shares of Mandalay Digital Group, Inc. (the "Company") common stock (subject to adjustment), for a total purchase price of $500,000 in cash. The number of shares reported by the Reporting Persons reflect pre-split amounts of common stock in conjunction with the 1-for-5 stock split, effective April 12, 2013.
- Represents shares owned indirectly by Mr. Ellin, as the managing director of and portfolio manager for Trinad Management, LLC and the managing director of Trinad Advisors II LLC.
- In connection with the transaction described above in footnote (1), Trinad Master Fund received a warrant to purchase 178,571 shares of the Company's common stock ("Warrant"). The Warrant has an exercise price of $0.70 per share (subject to adjustment), a five year term, and may be exercised following the first anniversary of the date of issuance.
- Represents Warrants owned directly by Trinad Master Fund.
- Represents warrants owned indirectly by Robert S. Ellin.
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