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Filing Details

Accession Number:: 0000921895-13-002322
Form Type:: 4/A
Zero Holdings:: No
Publication Time:: 2013-11-15 16:13:20
Reporting Period:: 2013-06-13

Filing Date:: 2013-11-15
Accepted Time:: 2013-11-15 16:13:20
Original Submission Date:: 2013-11-05
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1045942	Securealert Inc.	SCRA	Communications Equipment, Nec (3669)	870543981

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1559275	Ltd Asia Sapinda	Rooms 803-4, 8Th Floor Hang Seng Bank Building, 200 Hennessy Rd Wanchai, Hong Kong K3 00000		No	No	Yes	No
1586481	Lars Windhorst	C/O Sapinda Asia Ltd, Rms 803-4, 8Th Flr Hang Seng Wanchai Bldg, 200 Hennesy Road Wanchai K3 999077		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2013-06-13	556,648	$7.50	1,184,899	No	4	P	Direct
Common Stock	Acquisiton	2013-09-30	3,905,917	$4.50	5,090,816	No	4	C	Direct
Common Stock	Disposition	2013-10-30	556,648	$7.50	4,534,168	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Convertible Loan	Disposition	2013-09-30	0	$0.00	3,905,917	$4.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2013-03-01	2014-06-17	No	4	C	Direct

Footnotes

This Form 4 is filed jointly by Sapinda Asia Limited ("Sapinda Asia") and Lars Windhorst (collectively, the "Reporting Persons"). As the sole shareholder of Sapinda Asia, Mr. Windhorst may be deemed to beneficially own the Common Stock beneficially owned by Sapinda Asia. Mr. Windhorst disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein.
200-for-1 reverse stock split of the Common Stock took effect on March 25, 2013.
Mr. Windhorst directly owns the 556,648 shares of Common Stock acquired on June 13, 2013.
On September 30, 2013, pursuant to the Loan and Security Agreement between Sapinda Asia and the Issuer, Sapinda Asia converted the entire principal of $16,640,000 and the accrued and unpaid interest under the loan into 3,905,917 shares of Common Stock at a post-reverse stock split rate of $4.50 per share.
Mr. Windhorst directly owned the 556,648 shares of Common Stock disposed of on October 30, 2013.
The original Form 4 filed on November 5, 2013 incorrectly reported the sale of 628,251 shares of Common Stock on October 29, 2013 at a sale price of $19.00 per share. No such transaction occurred and Sapinda Asia remains the direct and beneficial owner of the 628,251 shares of Common Stock, as evidenced by the attached statement from American Stock Transfer & Trust Company, dated as of November 15, 2013. Sapinda Asia was in discussions to sell the 628,251 shares of Common Stock in a private transaction, but no agreement could be reached and the transaction was not completed. This amended report is filed to correct this error and properly state the Reporting Persons' beneficial ownership of 4,534,168 shares of Common Stock in the Issuer.