Home > Insider Trading > Filing (0001104659-20-100926)

Filing Details

Accession Number:: 0001104659-20-100926
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-08-31 18:40:57
Reporting Period:: 2020-08-27

Accepted Time:: 2020-08-31 18:40:57
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
719274	Giga Tronics Inc	GIGA	Instruments For Meas & Testing Of Electricity & Elec Signals (3825)	942656341

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1373619	John Steffens	C/O Spring Mountain Capital 650 Madison Avenue, 20Th Floor New York NY 10022	No	No	Yes	No
1414754	Smc Select Co-Investment Fund I Lp	C/O Spring Mountain Capital 650 Madison Avenue, 20Th Floor New York NY 10022	No	No	Yes	No
1549445	Smc Select Co-Investment I Gp, Llc	C/O Spring Mountain Capital 650 Madison Avenue, 20Th Floor New York NY 10022	No	No	Yes	No
1549455	Spring Mountain Capital, Llc	650 Madison Avenue, 20Th Floor New York NY 10022	No	No	Yes	No
1549584	P. Gregory Ho	C/O Spring Mountain Capital 650 Madison Avenue, 20Th Floor New York NY 10022	No	No	Yes	No
1549593	Spring Mountain Capital G.p., Llc	C/O Spring Mountain Capital 650 Madison Avenue, 20Th Floor New York NY 10022	No	No	Yes	No
1581493	Smc Private Equity Holdings, Lp	C/O Spring Mountain Capital 650 Madison Avenue, 20Th Floor New York NY 10022	No	No	Yes	No
1763297	Smc Private Equity Holdings Gp, Llc	C/O Spring Mountain Capital 650 Madison Avenue, 20Th Floor New York NY 10022	No	No	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	Disposition	2020-08-27	62,715	$3.86	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series B Convertible Voting Perpetual Preferred Stock	Disposition	2020-08-27	8,704	$81.77	58,030	$0.00
Common Stock	Series C Convertible Voting Perpetual Preferred Stock	Disposition	2020-08-27	3,020	$54.26	20,136	$0.00
Common Stock	Series D Convertible Voting Perpetual Preferred Stock	Disposition	2020-08-27	5,112	$53.15	34,079	$0.00

Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

Represents shares of common stock of Issuer disposed of directly by the Reporting Persons as follows: 33,305 shares by SMC Select Co-Investment Fund I, LP ("SMC Co-Investment LP") and 29,410 shares by SMC Private Equity Holdings, LP ("SMC PE LP").
Each of the Series B Convertible Voting Perpetual Preferred Stock ("Series B Preferred Stock"), Series C Convertible Voting Perpetual Preferred Stock ("Series C Preferred Stock") and Series D Convertible Voting Perpetual Preferred Stock ("Series D Preferred Stock") was convertible at any time upon request and was initially convertible into shares of common stock on a 1:100 basis. Each such class of stock had no expiration date.
Represents shares of Series B Preferred Stock disposed of by the Reporting Persons as follows: 6,885.52 shares by SMC Co-Investment LP, 97.54 shares by Spring Mountain Capital G.P., LLC and 1,721.38 shares by Mr. Steffens.
Represents shares of Series C Preferred Stock disposed of by the Reporting Persons as follows: 1,476.19 shares by SMC Co-Investment LP, 82.81 shares by Spring Mountain Capital G.P., LLC and 1,461.34 shares by Mr. Steffens.
Represents shares of Series D Preferred Stock disposed of by the Reporting Persons as follows: 700.28 shares by SMC Co-Investment LP and 4,411.58 shares by SMC PE LP.
As reported by the Issuer on Form 8-K, on December 12, 2019 the Issuer effected a 1 for 15 reverse stock split. The number of shares of common stock indicated in this Statement reflects the post-split number of shares disposed of. All warrants previously acquired by the Reporting Persons and disclosed in its Form 3 filed on January 9, 2019 expired without any portion being exercised. As a result of the transactions reported herein, the Reporting Persons were completely divested of the shares of Issuer's securities.