Filing Details
- Accession Number:
- 0001062993-14-006130
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-10-24 20:27:11
- Reporting Period:
- 2014-01-15
- Filing Date:
- 2014-10-24
- Accepted Time:
- 2014-10-24 20:27:11
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1099369 | Destiny Media Technologies Inc | DSNY | Services-Prepackaged Software (7372) | 841516745 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1113122 | Edward Kolic | Th-J 1111 Marinaside Crescent Vancouver A1 V6Z 2Y3 | Yes | No | No | 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 | Acquisiton | 2014-01-15 | 75,000 | $0.50 | 296,300 | No | 4 | M | Direct | |
| Common | Disposition | 2014-01-15 | 21,830 | $1.72 | 274,470 | No | 4 | F | Direct | |
| Common | Acquisiton | 2014-01-31 | 15,202 | $1.60 | 289,672 | No | 4 | L | Direct | |
| Common | Acquisiton | 2014-06-13 | 28,701 | $0.96 | 318,373 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | L | Direct | |
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options (Right to Buy) | Disposition | 2014-01-15 | 75,000 | $0.95 | 150,000 | $0.50 |
| Common Stock | Stock Options (Right to Buy) | Disposition | 2014-01-15 | 75,000 | $0.00 | 75,000 | $0.50 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 75,000 | 2012-01-19 | 2014-01-19 | No | 4 | D | Direct |
| 0 | 2012-01-19 | 2014-01-19 | No | 4 | M | Direct |
Footnotes
- Reflects 75,000 stock options cancelled by the issuer in exchange for a cash payment of $71,250 representing the difference between the low market price on January 15, 2014, being $1.45 per share, less the exercise of $0.50 per share ($0.95). The funds will be used by the insider to fund the tax liability associated with the cashless exercise of the stock options. The transaction was approved by the Board of Directors.
- Reflects 21,830 shares withheld by the issuer at a price of $1.72 per share less the exercise price of $0.50 per share to fund the cashless exercise of stock options held by Mr. Kolic, which cashless exercise was approved by the Board of Directors.
- Purchased under Employee Stock Purchase Plan, which transaction is exempt under Rule 16b-3(c) of the Securities Exchange Act of 1934.
- $1.7762 Canadian Dollars, based on exchange rate of 0.8994.
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