Form 4 for PAAI Paradium.AI, Inc.
Accepted 2021-11-24 00:00:00 ET · period of report 2021-11-22 · accession 0001493152-21-029791 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-24 | 2021-11-22 | PAAI | Allred Herbert Hunt | Dir | C - Cnv Deriv | $0.33 | +227.3K | 346.7K | +190% | +$75.0K |
| DMI | 2021-11-24 | 2021-11-22 | PAAI | Allred Herbert Hunt | Dir | C - Cnv Deriv | $0.33 | +1.68M | 1.32M | New | +$555.1K |
| DMI | 2021-11-24 | 2021-11-22 | PAAI | Allred Herbert Hunt | Dir | C - Cnv Deriv | $0.00 | -555 | 0 | -100% | $0 |
| D | 2021-11-24 | 2021-11-22 | PAAI | Allred Herbert Hunt | Dir | C - Cnv Deriv | $0.00 | -75 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-22 | C | A | 227,325 | $0.33 | 346,722 | D Allred 2002 Trust - HHA | — | — | (F1) As converted from issuer's Series H Convertible Preferred Stock, par value $0.01 per share (the "Series H Preferred Stock") at a stated value equal to $1,000 per share. The Series H Preferred Stock converted at the option of the holder, subject to a beneficial ownership limitation of 4.99%, at a rate of 3,031 shares of Common Stock for every share of Series H Convertible Preferred Stock (F2) Brittny Allred, Mr. Allred's spouse, is Trustee of this irrevocable trust, of which Mr. Allred is a beneficiary. |
| 2 | Common | Common Stock | 2021-11-22 | C | A | 500,115 | $0.33 | 857,365 | I Allred 2002 Trust - NLA | — | — | (F1) As converted from issuer's Series H Convertible Preferred Stock, par value $0.01 per share (the "Series H Preferred Stock") at a stated value equal to $1,000 per share. The Series H Preferred Stock converted at the option of the holder, subject to a beneficial ownership limitation of 4.99%, at a rate of 3,031 shares of Common Stock for every share of Series H Convertible Preferred Stock (F3) Brittny Allred, Mr. Allred's spouse, is Trustee of this irrevocable trust, of which Nancy Allred Collins, Mr. Allred's sister, is a beneficiary. |
| 3 | Common | Common Stock | 2021-11-22 | C | A | 500,115 | $0.33 | 857,365 | I Redcap Investments, LP | — | — | (F1) As converted from issuer's Series H Convertible Preferred Stock, par value $0.01 per share (the "Series H Preferred Stock") at a stated value equal to $1,000 per share. The Series H Preferred Stock converted at the option of the holder, subject to a beneficial ownership limitation of 4.99%, at a rate of 3,031 shares of Common Stock for every share of Series H Convertible Preferred Stock (F4) Mr. Allred is a 25% owner of Redcap Investments, LP. Mr. Allred is currently President of its General Partner, Redcap Investments Management, LLC. |
| 4 | Common | Common Stock | 2021-11-22 | C | A | 681,975 | $0.33 | 1,324,875 | I | — | — | (F1) As converted from issuer's Series H Convertible Preferred Stock, par value $0.01 per share (the "Series H Preferred Stock") at a stated value equal to $1,000 per share. The Series H Preferred Stock converted at the option of the holder, subject to a beneficial ownership limitation of 4.99%, at a rate of 3,031 shares of Common Stock for every share of Series H Convertible Preferred Stock |
| 5 | Derivative | Series H Convertible Preferred Stock | 2021-11-22 | C | D | 165 | $0.00 | 0 | I Redcap Investments, LP | — · 2018-08-09 to — | 500,115 Common Stock | (F4) Mr. Allred is a 25% owner of Redcap Investments, LP. Mr. Allred is currently President of its General Partner, Redcap Investments Management, LLC. (F1) As converted from issuer's Series H Convertible Preferred Stock, par value $0.01 per share (the "Series H Preferred Stock") at a stated value equal to $1,000 per share. The Series H Preferred Stock converted at the option of the holder, subject to a beneficial ownership limitation of 4.99%, at a rate of 3,031 shares of Common Stock for every share of Series H Convertible Preferred Stock (F5) The Series H Convertible Preferred Stock does not expire. |
| 6 | Derivative | Series H Convertible Preferred Stock | 2021-11-22 | C | D | 225 | $0.00 | 0 | I | — · 2018-08-09 to — | 681,975 Common Stock | (F1) As converted from issuer's Series H Convertible Preferred Stock, par value $0.01 per share (the "Series H Preferred Stock") at a stated value equal to $1,000 per share. The Series H Preferred Stock converted at the option of the holder, subject to a beneficial ownership limitation of 4.99%, at a rate of 3,031 shares of Common Stock for every share of Series H Convertible Preferred Stock (F5) The Series H Convertible Preferred Stock does not expire. |
| 7 | Derivative | Series H Convertible Preferred Stock | 2021-11-22 | C | D | 165 | $0.00 | 0 | I Allred 2002 Trust - NLA | — · 2018-08-09 to — | 500,115 Common Stock | (F3) Brittny Allred, Mr. Allred's spouse, is Trustee of this irrevocable trust, of which Nancy Allred Collins, Mr. Allred's sister, is a beneficiary. (F1) As converted from issuer's Series H Convertible Preferred Stock, par value $0.01 per share (the "Series H Preferred Stock") at a stated value equal to $1,000 per share. The Series H Preferred Stock converted at the option of the holder, subject to a beneficial ownership limitation of 4.99%, at a rate of 3,031 shares of Common Stock for every share of Series H Convertible Preferred Stock (F5) The Series H Convertible Preferred Stock does not expire. |
| 8 | Derivative | Series H Convertible Preferred Stock | 2021-11-22 | C | D | 75 | $0.00 | 0 | D Allred 2002 Trust - HHA | — · 2018-08-09 to — | 227,325 Common Stock | (F2) Brittny Allred, Mr. Allred's spouse, is Trustee of this irrevocable trust, of which Mr. Allred is a beneficiary. (F1) As converted from issuer's Series H Convertible Preferred Stock, par value $0.01 per share (the "Series H Preferred Stock") at a stated value equal to $1,000 per share. The Series H Preferred Stock converted at the option of the holder, subject to a beneficial ownership limitation of 4.99%, at a rate of 3,031 shares of Common Stock for every share of Series H Convertible Preferred Stock (F5) The Series H Convertible Preferred Stock does not expire. |