Filing Details
- Accession Number:
- 0001213900-15-006904
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-09-11 15:30:17
- Reporting Period:
- 2015-09-09
- Filing Date:
- 2015-09-11
- Accepted Time:
- 2015-09-11 15:30:17
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
846377 | Source Financial Inc. | SRCF | Short-Term Business Credit Institutions (6153) | 800142655 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1599545 | Hugh Evans | Level 6/97 Pacific Highway North Sydney Nsw C3 2060 | President And Ceo | Yes | Yes | 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 | 2015-09-09 | 960,000 | $0.00 | 960,000 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2013-06-30 | 2,101,650 | $0.00 | 2,101,650 | No | 4 | J | Indirect | See Footnote |
Series B Preferred Stock | Acquisiton | 2013-06-30 | 5,000 | $0.00 | 5,000 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | J | Indirect | See Footnote |
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 purchase) | Acquisiton | 2015-09-09 | 1,000,000 | $0.00 | 1,000,000 | $0.44 |
Common Stock | Stock Options (right to purchase) | Acquisiton | 2015-09-09 | 200,000 | $0.00 | 200,000 | $0.44 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,000,000 | 2016-03-09 | 2025-08-31 | No | 4 | A | Direct |
200,000 | 2016-03-09 | 2025-09-09 | No | 4 | A | Indirect |
Footnotes
- Represents shares granted pursuant to stock award.
- Shares acquired pursuant to the share exchange with Moneytech Ltd.
- Consists of 2,001,514 shares registered in the name of BIX Holdings Pty Ltd ATF The Atherstone Trust & The Evans Family Superannuation Trust, a family trust of which Mr. Evans is the trustee, and 100,136 shares registered in the name of Mr. Evan's wife.
- The Series B Preferred Stock is not convertible into shares of common stock, or entitled to receive dividends. Until June 30, 2018, holders of Series B Preferred Stock are entitled to elect a majority of the Board of Directors and vote together with holders of common stock as a single class on all other matters presented to holders of common stock, with each vote per Series B Share equal to 1,000 shares of common stock.
- Options vest on the last day of each calendar month over a period of two years commencing October 31, 2015 until fully vested on September 30, 2017, but may only be exercised (to the extent then vested) commencing March 9, 2016.
- Represents options granted to the wife of Mr. Evans.