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Quest Resource Holding Corp — Director's Dealing 2013
Jul 19, 2013
34773_dirs_2013-07-18_79b288af-5b1f-44d0-bda4-5483490cc0f8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Infinity Resources Holdings Corp. (IRHC)
CIK: 0001442236
Period of Report: 2013-07-16
Reporting Person: SALTZ MITCHELL A (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-07-16 | Common Stock | C | 8382597 | $0.362 | Acquired | 15753488 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-07-16 | 9% Senior Secured Convertible Note | $0.362 | C | Disposed | 2019-10-01 | Common Stock (8382597) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 30603469 | Indirect |
Footnotes
F1: The conversion price per share of the senior secured convertible note is the lower of (a) $0.3620 if prior to the maturity date or $0.1810 if after the maturity date or (b) the average "closing bid price" during the ten trading days immediately preceding the conversion date.
F2: The securities are held by Stockbridge Enterprises, L.P., of which the reporting person controls the investment decisions. Stockbridge Enterprises, L.P. is owned by a limited partnership in which the Reporting Person owns an indirect interest.
F3: The shares are held by Southwest Green Investments, L.L.C., of which the reporting person controls the investment decisions. Southwest Green Investments, L.L.C. is owned by a limited partnership in which the Reporting Person owns an indirect interest.
F4: Includes principal and accrued interest thereon.
F5: The senior secured convertible note is exercisable at any time that any amount of principal and accrued interest is outstanding prior to the maturity date and for a period of five years thereafter.
F6: The number of shares of the Issuer's common stock issued upon exercise of the senior secured convertible promissory note is equal to the quotient obtained by dividing (a) the portion of the principal and accrued interest outstanding at the maturity date to be converted, by (b) the lower of (x) $0.3620 if prior to the maturity date or $0.1810 if after the maturity date or (y) the average "closing bid price" during the ten trading days immediately preceding the conversion date.