Filing Details

Accession Number:
0001209191-16-123094
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-25 06:50:44
Reporting Period:
2016-05-24
Filing Date:
2016-05-25
Accepted Time:
2016-05-25 06:50:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1460329 Idi Inc. IDI () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1336508 Michael Brauser C/O Idi, Inc.
2650 North Military Trail, Suite 300
Boca Raton FL 33431
Executive Chairman 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 2016-05-24 3,500 $4.84 2,065,445 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,373,646 Indirect See footnote
Common Stock 121,734 Direct
Common Stock 8,130 Indirect See footnote.
Common Stock 116,666 Direct
Common Stock 100,000 Direct
Common Stock 1,000,000 Indirect See footnote.
Footnotes
  1. The shares were purchased in multiple transactions at prices ranging from $4.82 to $4.97, with a weighted average price per share of $4.84. The reporting person undertakes to provide IDI, Inc., any security holder of IDI, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote.
  2. Shares held by Grander Holdings, Inc. 401K Profit Sharing Plan of which Mr. Brauser is trustee.
  3. Shares held by Birchtree Capital, LLC, of which Mr. Brauser is the manager.
  4. Represents pro-rata ownership of securities held by entities over which the reporting person exercises investment control.
  5. Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The restricted stock units vest in equal installments of 58,333 shares on each of March 21, 2017 and 2018, subject to accelerated vesting under certain conditions.
  6. Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The restricted stock units vest quarterly in eight equal installments from January 2, 2015 through October 2, 2016 subject to accelerated vesting under certain conditions.
  7. Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The restricted stock units vest annually in four equal installments from October 13, 2015 through October 13, 2018 subject to achievement of certain performance milestones by the issuer and accelerated vesting under certain conditions.