Filing Details
- Accession Number:
- 0001441557-13-000087
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-11-27 14:15:16
- Reporting Period:
- 2013-11-26
- Filing Date:
- 2013-11-27
- Accepted Time:
- 2013-11-27 14:15:16
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1362180 | Psm Holdings Inc | PSMH | Mortgage Bankers & Loan Correspondents (6162) | 900332127 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1493340 | Michael Margolies | 1615 Congress Ave. Suite 103 Delray Beach FL 33445 | Yes | 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 | 2013-11-26 | 4,500 | $0.29 | 750,130 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 745,630 | Direct | |
Common Stock | 39,741 | Indirect | By LLC |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Preferred Series A Stock | $0.00 | 2013-02-04 | 9,250,000 | 9,250,000 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
9,250,000 | 9,250,000 | Indirect |
Footnotes
- 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.
- No expiration date.
- The 3,700 shares of Series A Preferred Stock are convertible at the rate of 2,500 common for each share of preferred converted. The conversion rate is subject to change in the event of stock splits, dividends, reorganizations, or similar transactions, or if the Issuer issues shares below the conversion price.
- Preferred Series A Stock is convertible at no cost to the Preferred Shareholder.
- 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.