Home > Insider Trading > Filing (0001683168-20-000008)

Filing Details

Accession Number:: 0001683168-20-000008
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-01-02 18:39:23
Reporting Period:: 2019-12-31

Accepted Time:: 2020-01-02 18:39:23
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1162896	Wizard Entertainment Inc.	WIZD	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1113835	L. Paul Kessler	622 N. Sepulveda Blvd., Suite 300 Los Angeles CA 90049	Executive Chairman	No	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.0001 Per Share	Acquisiton	2019-12-31	411,294	$0.12	52,401,354	No	4	P	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnote

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Warrant for purchase of common stock	$0.13	2016-12-02	2021-12-02	10,666,667	10,666,667	Indirect
Common Stock	Convertible debenture	$0.13	2016-12-02	2018-12-31	16,666,667	16,666,667	Indirect
Common Stock	Options	$0.00			600,000	600,000	Indirect
Common Stock	Options	$0.13	2019-03-01	2024-01-23	300,000	300,000	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2021-12-02	10,666,667	10,666,667	Indirect
2018-12-31	16,666,667	16,666,667	Indirect
	600,000	600,000	Indirect
2024-01-23	300,000	300,000	Indirect

Footnotes

These shares were purchased by Bristol Investment Fund, Ltd., a Cayman Islands exempted company ("BIF") managed by Bristol Capital Advisors, LLC ("BCA"), a Delaware LLC, of which Mr. Kessler has voting and dispositive power over the shares beneficially owned.
The total includes: (i) 51,046,654 shares owned by BIF, (ii) 489,000 shares owned by Bristol Capital, LLC ("BC"), a Delaware LLC of which Mr. Kessler has voting and dispositive power over the shares beneficially owned, (iii) 78,700 shares owned by Paul Kessler IRA Rollover, of which Mr. Kessler has voting and dispositive power over the shares beneficially owned, and (iv) 787,000 shares owned by Bristol Capital Advisors Pension and Profit Sharing, of which Mr. Kessler has voting and dispositive power over the shares beneficially owned.
On December 2, 2016, BIF purchased from Wizard World, Inc. (now known as "Wizard Entertainment, Inc.") (the "Issuer") a convertible debenture with a principal amount of $2,500,000 (with a conversion price of $0.15 per share) (the "Debenture") and a warrant to purchase to 16,666,667 shares of common stock (with an exercise price of $0.15 per share) (the "Warrant") for an aggregate purchase price of $2,500.000. The maturity date of the Debenture and expiration date of the Warrant were extended to December 2024 and the conversion price of the Debenture and exercise price of the Warrant were adjusted to $0.125 per share, pursuant to an agreement executed by the parties in December 2019. BIF transferred a portion of its Warrant for 6,000,000 shares to an investor of the Issuer pursuant to an agreement executed by BIF, such investor and the Issuer in December 2019.
The Issuer has issued stock options for 600,000 shares to BC pursuant to its stock award plans, with exercise prices ranging from $0.50 to $0.60, expiring on December 29, 2021 as disclosed in the Issuer's 10K report filed on April 1, 2019.
The Issuer granted an option for 300,000 shares to Paul Kessler pursuant to the 2011 Stock Incentive and Award Plan, as amended.