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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1282224	Dolphin Digital Media Inc	DPDM	Services-Personal Services (7200)	860787790

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1520776	Iv William O'dowd	C/O Dolphin Digital Media, Inc. 2151 Le Jeune Road, Suite 150-Mezzanine Coral Gables FL 33134	Chief Executive Officer	Yes	Yes	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	2016-03-04	614,682	$0.00	614,682	No	4	J	Indirect	By Dolphin Entertainment, Inc.
Common Stock	Acquisiton	2016-09-15	100	$6.75	950,169	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	By Dolphin Entertainment, Inc.
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series B Convertible Preferred Stock	Acquisiton	2016-03-07	115,000	$0.00	115,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,185,000			No	4	J	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,242,104	Indirect	By Dolphin Digital Media Holdings, LLC

Footnotes

The Issuer completed a 20-to-1 reverse stock split effective May 10, 2016. The amount stated represents the post-split adjusted amount. Fractional shares resulting from the reverse stock split were rounded up to the nearest whole share.
On March 4, 2016, the Issuer entered into a debt-for-equity exchange with Dolphin Entertainment, Inc., an entity wholly owned by the Reporting Person. Pursuant to the exchange, $3,073,410 in aggregate amount of principal and interest was exchanged at $5.00 per share, for 614,682 shares of Common Stock.
On March 7, 2016, a merger was completed among the Issuer, DDM Merger Sub, Inc., Dolphin Entertainment, Inc. and Dolphin Films, Inc., pursuant to which the Issuer acquired Dolphin Films Inc. (the ?Merger?). As part of the Merger consideration, the Issuer issued 115,000 shares of Series B Convertible Preferred Stock to Dolphin Entertainment, Inc.
Each share of Series B Convertible Preferred Stock is convertible into nineteen (19) shares of Common Stock at any time and has no expiration date
The shares of Series B Convertible Preferred Stock were received in exchange for shares of Dolphin Films, Inc. in connection with the Merger.