Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Iveda Solutions, Inc. Director's Dealing 2014

Mar 6, 2014

35452_dirs_2014-03-06_311cc941-5252-4357-91a6-e9cf0463bb70.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iveda Solutions, Inc. (IVDA)
CIK: 0001397183
Period of Report: 2014-03-04

Reporting Person: BRILON ROBERT J (President/CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-03-04 9.5% Senior Convertible Debenture $1.50 A 33333 Acquired 2017-03-04 Common Stock (33333) Indirect
2014-03-04 Warrant to purchase Common Stock $1.65 A 4545 Acquired 2019-03-04 Common Stock (4545) Indirect

Footnotes

F1: The reporting person purchased a 9.5% Senior Convertible Debenture (the "Debenture") in the principal amount of $50,000. The Debenture is due and payable three years after the date of issuance and the principal and unpaid interest thereunder is convertible into shares of Common Stock of the issuer ("Common Stock") at the election of the holder any time prior to the maturity date at a conversion price equal to $1.50 per share, subject to adjustment upon the occurrence of certain events as provided in the Debenture.

F2: In connection with the purchase of the Debenture, the reporting person received a warrant to purchase 4,545 shares of Common Stock. The Warrant has a term of five years from date of issuance and the exercise price is subject to adjustment upon the occurrence of certain events as provided in the Warrant.

F3: The 9.5% Senior Convertible Debenture and related Common Stock warrants will be held in the IRA account of the reporting person.