Filing Details

Accession Number:
0001209191-16-133780
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-07-22 17:55:54
Reporting Period:
2016-07-01
Filing Date:
2016-07-22
Accepted Time:
2016-07-22 17:55:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1487906 Cachet Financial Solutions Inc. CAFN () 4
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 2016-07-06 446,367 $0.35 4,039,013 No 4 P Direct
Common Stock Acquisiton 2016-07-18 83,333 $1.20 4,122,346 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrant to Purchase Common Stock Acquisiton 2016-07-01 250,000 $0.33 250,000 $0.33
Common Stock Warrant to Purchase Common Stock Acquisiton 2016-07-13 300,000 $0.40 300,000 $0.40
Common Stock Warrant to Purchase Common Stock Acquisiton 2016-07-18 66,667 $1.88 66,667 $1.88
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
250,000 2016-07-01 2021-07-01 No 4 A Direct
300,000 2016-07-13 2021-07-13 No 4 A Direct
66,667 2014-07-14 2019-07-14 No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 27,060 Indirect By spouse
Footnotes
  1. Reporting person purchased 83,333 shares of common stock and a warrant to purchase 66,667 shares of common stock for $100,000.
  2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
  3. Pursuant to a Note Payable agreement, dated February 1, 2016, amended March 29, 2016, between the Issuer and the reporting person, the reporting person was issued warrants as pursuant to the terms of the Note Payable.
  4. Pursuant to a Convertible Promissory Note agreement, dated July 13, 2016, between the Issuer and the reporting person, the reporting person was issued warrants as pursuant to the terms of the Convertible Promissory Note.