Filing Details
- Accession Number:
- 0001209191-14-076849
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-12-18 21:55:46
- Reporting Period:
- 2014-12-15
- Filing Date:
- 2014-12-18
- Accepted Time:
- 2014-12-18 21:55:46
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1487906 | Cachet Financial Solutions Inc. | CAFN | Blank Checks (6770) | 272205650 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 901152 | L James Davis | 18671 Lake Drive East Southwest Tech Center A Minneapolis MN 55317 | 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 Stock | Acquisiton | 2014-12-16 | 3,000 | $1.10 | 3,425,420 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2014-12-15 | 30,000 | $0.00 | 30,000 | $4.00 |
| Common Stock | Stock Option (right to buy) | Acquisiton | 2014-12-15 | 30,000 | $0.00 | 30,000 | $1.50 |
| Common Stock | Stock Option (right to buy) | Acquisiton | 2014-12-15 | 40,000 | $0.00 | 40,000 | $1.50 |
| Common Stock | Warrants to Purchase Common Stock | Acquisiton | 2014-12-15 | 591,432 | $0.00 | 591,432 | $2.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2016-01-01 | No | 4 | D | Direct | |
| 30,000 | 2016-01-01 | No | 4 | A | Direct | |
| 40,000 | 2024-12-15 | No | 4 | A | Direct | |
| 591,432 | 2014-12-15 | 2019-12-15 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 27,060 | Indirect | By spouse |
Footnotes
- The two reported transactions involved an amendment of an outstanding stock option, resulting in the deemed cancellation of the "old" stock option and the grant of a replacement stock option. This stock option vested in three equal annual installments on January 1, 2012, 2013 and 2014.
- This stock option vests in two equal annual installments on December 15, 2014 and 2015.
- Pursuant to an amendment to the Conversion Agreement, dated June 18, 2014, between the Issuer and the reporting person, the reporting person was issued additional warrants in consideration of previously converted debt.
Billionaire Hedge Funds
