Filing Details
- Accession Number:
- 0001437749-18-006383
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-04-05 12:57:36
- Reporting Period:
- 2018-04-03
- Accepted Time:
- 2018-04-05 12:57:36
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1019034 | Bio Key International Inc | BKYI | Computer Communications Equipment (3576) | 411761861 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1660128 | Wong Fong Kwok | C/O Bio-Key International, Inc. 3349 Highway 138, Building A, Suite E Wall NJ 07719 | Managing Director, Bio-Key Hk | 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 | 2018-04-03 | 1,085,778 | $3.60 | 3,638,815 | No | 4 | C | Direct | |
Common Stock | Acquisiton | 2018-04-03 | 91,820 | $3.60 | 3,730,635 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Direct | |
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Series A-1 Convertible Preferred | Disposition | 2018-04-03 | 39,088 | $3.60 | 1,085,778 | $3.60 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
23,508 | No | 4 | C | Direct |
Footnotes
- The reporting person converted 39,088 shares of Series A-1 Convertible Preferred Stock on April 3, 2018 at a conversion price of $3.60 per share, resulting in his acquisition of 1,085,778 shares of common stock.
- The Series A-1 Convertible Preferred Stock is convertible at any time at the option of the holder, subject to a blocker provision which prohibits conversion if such conversion would result in the holder beneficially owning in excess of 9.99% of the issuer's common stock. By providing 61 days written notice to the issuer, the holder may increase such percentage. The reporting person provided such notice on August 7, 2017 and increased the maximum percentage to 35%.
- The Series A-1 Convertible Preferred Stock has no expiration date.