Key facts
- This page summarizes Tim Peterman's Form 4 filing for iMedia Brands, Inc..
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 20 Apr 2023, 16:33.
Tim Peterman - 10 Apr 2023 Form 4 Insider Report for iMedia Brands, Inc.
- Reporting relationship
- CEO, Director
- Issuer ticker
- N/A
- Reported as of
- 10 Apr 2023
- Net transaction value
- +$50,000
- SEC form
- 4
- Accepted by SEC
- 20 Apr 2023, 16:33:08 UTC
- Prior SEC filing
- 01 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jonathan Zimmerman, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Tim Peterman filed Form 4 for iMedia Brands, Inc. on 20 Apr 2023.
Change
- Previous filing in this sequence was filed on 01 Feb 2023.
- Current net transaction value: +$50,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
IMBI
transaction
Derivative
7.75% Convertible Promissory Note
Purchase
- Transaction value
- $50,000
- Shares
- Change %
- Price
- Shares after
- $50,000
- Date
- 10 Apr 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 144,988
- Exercise price
- $0.5863
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Upon the completion of (a) the Company's shareholders approving an increase to the Company's authorized shares in order to provide sufficient authorized but unissued and unreserved shares of Common Stock, par value $0.01 per share ("Common Stock") to permit conversion and any other required approvals and (b) either (i) the Company's entry into either a new or refinanced asset-based lending facility or (ii) the holders of a majority of the principal amount of the Notes determining that the Company has made sufficient progress towards completion of this refinancing, the outstanding principal and interest accrued (the "Conversion Amount") will be convertible into shares of Common Stock and Common Stock Purchase Warrants. The holder shall receive a number of shares of Common Stock, together with a Common Stock Purchase Warrant to purchase 0.85 shares of Common Stock, determined by dividing the Conversion Amount by $0.58625.
Footnote F2
Consists of 85,287 common stock shares and 59,701 common stock purchase warrants. The shares may be issued as warrants with an exercise price of $0.00001 per share at the election of the holder.