Filing Details
- Accession Number:
- 0001354488-16-008309
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-09-22 20:19:35
- Reporting Period:
- 2016-09-20
- Filing Date:
- 2016-09-22
- Accepted Time:
- 2016-09-22 20:19:35
- SEC Url:
- Form 4 Filing
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 | 2016-09-20 | 483 | $6.68 | 950,652 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 614,682 | Indirect | By Dolphin Entertainment, Inc. |
Common Stock | 1,242,104 | Indirect | By Dolphin Digital Media Holdings, LLC |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Series B Convertible Preferred Stock | $0.00 | 2,185,000 | 2,300,000 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2,185,000 | 2,300,000 | Indirect |
Footnotes
- Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transactions ranged from $6.50 to $6.75 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
- 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?). Pursuant to the merger agreement, as part of the Merger consideration, the Issuer issued 2,300,000 shares of Series B Convertible Preferred Stock to Dolphin Entertainment, Inc., an entity wholly owned by the Reporting Person.
- Each share of Series B Convertible Preferred Stock is convertible into 0.95 shares of Common Stock at any time and has no expiration date.