Key facts
- This page summarizes Henry Carl Nisser's Form 4/A - Amendment filing for Ecoark Holdings, Inc..
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 08 Mar 2023, 18:35.
Henry Carl Nisser - 06 Mar 2023 Form 4/A - Amendment Insider Report for Ecoark Holdings, Inc.
- Reporting relationship
- President, Director
- Issuer ticker
- N/A
- Reported as of
- 06 Mar 2023
- Net transaction value
- $0
- SEC form
- 4/A - Amendment
- Accepted by SEC
- 08 Mar 2023, 18:35:41 UTC
- Original report date
- 07 Mar 2023
- Prior SEC filing
- 11 Jan 2023
- Next SEC filing
- 07 Apr 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Henry Nisser
Source evidence
Original filing metadata and source links for verification.
6 source fields
Reporting owner
1 detail
Key filing fact
Henry Carl Nisser filed Form 4/A - Amendment for Ecoark Holdings, Inc. on 08 Mar 2023.
Change
- Previous filing in this sequence was filed on 11 Jan 2023.
- Current net transaction value: $0.
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/A - Amendment disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BNMV
transaction
Derivative
Series C Convertible Preferred Stock
Award
- Transaction value
- Shares
- +150
- Change %
- Price
- Shares after
- 150
- Date
- 06 Mar 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,000,000
- Exercise price
- $0.2500
- Footnotes
- F1, F2, F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Pursuant to a Share Exchange Agreement, as amended, by and among the Issuer and Ault Alliance, Inc. as majority shareholder of BiNile.com, Inc., and certain minority shareholders of BiNile.com, Inc. including the Reporting Person, the Reporting Person acquired 150 shares of the Issuer's Series C Convertible Preferred Stock (the "Series C") in exchange for 150,000 shares of BitNile.com, Inc. Each share of the Issuer's Series C is convertible by dividing the stated value of $10,000 by $0.25, subject to a 4.99% beneficial ownership limitation.
Footnote F2
The Series C Convertible Preferred Stock is not convertible until one day after the record date for shareholder approval of the Share Exchange Agreement, as amended. The conversion rights are also subject to certain beneficial ownership limitations contained in the Certificate of Designation for the Series C and the 19.9% beneficial ownership limitation imposed by the Rules of the Nasdaq Stock Market without shareholder approval. The voting rights of the Series C are also subject to certain limitations so that prior to conversion the Series C votes on a less than one to one as converted basis.
Footnote F3
The Series C has no expiration date.
Footnote F4
On March 7, 2023, the Reporting Person filed a Form 4 which inadvertently transposed the number of derivative securities beneficially owned and the total number of shares of common stock underlying the derivative securities. In addition, the price of derivative security was inadvertently listed as the conversion price, rather than disclosing the consideration paid, which was other than cash. Other than revising the foregoing and inserting footnotes 4 and 5, no other changes are being made to the original Form 4 hereby.
Footnote F5
Taking into account the 4.99% beneficial ownership limitation, the Reporting Person's beneficial ownership would be 49.4572 shares of the Series C, which are convertible into 1,978,288 shares of common stock.