Filing Details

Accession Number:
0001140361-15-045248
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-12-21 17:11:15
Reporting Period:
2015-12-17
Filing Date:
2015-12-21
Accepted Time:
2015-12-21 17:11:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1046995 Emagin Corp EMAN Semiconductors & Related Devices (3674) 880378451
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1230586 Stillwater Holdings Llc 655 Madison Avenue
20Th Floor
New York NY 10065
No 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 2015-12-17 1,333,333 $1.50 1,333,333 No 4 P Indirect By Stillwater Trust LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Stillwater Trust LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Purchase Warrants (right to buy) Acquisiton 2015-12-17 866,667 $0.00 866,667 $2.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
866,667 2016-06-23 2021-06-23 No 4 P Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,283,501 Direct
Common Stock 4,250,000 Indirect By Flat Creek Fiduciary Management LLC, as Trustee
Common Stock 783,325 Indirect By Rainbow Gate Corporation
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Series B Convertible Preferred Stock $0.75 2008-12-22 5,377,333 4,033 Direct
Common Stock Series B Convertible Preferred Stock $0.75 2008-12-22 937,333 703 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
5,377,333 4,033 Direct
937,333 703 Indirect
Footnotes
  1. These securities are owned by Stillwater Trust LLC. The sole member of Reporting Person is the sole manager and president of Stillwater Trust LLC, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of these securities except to the extent of its pecuniary interest therein.
  2. These securities are held solely by Flat Creek Fiduciary Management LLC, as trustee of a trust for the benefit of the minor beneficiaries of the sole member of Reporting Person. The sole member of Reporting Person has investment control over such securities, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of these securities except to the extent of its pecuniary interest therein.
  3. These securities are owned solely by Rainbow Gate Corporation. The sole member of Reporting Person is the investment manager of Rainbow Gate Corporation, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of these securities except to the extent of its pecuniary interest therein.
  4. The Stock Purchase Warrants were acquired as part of a private placement by the Issuer in accordance with the Securities Purchase Agreement, dated December 17, 2015 between the Issuer and Stillwater Trust LLC.
  5. The shares of Series B Convertible Preferred Stock were purchased on December 22, 2008 as part of a private placement with the Issuer in accordance with the Securities Purchase Agreement, dated December 18, 2008, between the Issuer and the holder. The shares of Series B Convertible Preferred Stock have the rights and preferences set forth on the Certificate of Designations of Series B Convertible Preferred Stock filed with the Secretary of State for the State of Delaware on December 19, 2008. The Series B Convertible Preferred Stock has a stated value of $1,000 per share and currently has a conversion price of $0.75 per share.