Form 4 for PAAI Paradium.AI, Inc.
Accepted 2023-08-14 00:00:00 ET · period of report 2023-08-10 · accession 0001493152-23-028582 · 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 | 2023-08-14 | 2023-08-10 | PAAI | Levinsohn Ross | CEO, Dir | C - Cnv Deriv | $7.26 | +27.6K | 289.3K | +11% | +$200.4K |
| D | 2023-08-14 | 2023-08-10 | PAAI | Levinsohn Ross | CEO, Dir | C - Cnv Deriv | $1,000.00 | -200 | 0 | -100% | -$200.0K |
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 | 2023-08-10 | C | A | 27,600 | $7.26 | 289,314 | D | — | — | |
| 2 | Derivative | Series H Convertible Preferred Stock | 2023-08-10 | C | D | 200 | $1,000.00 | 0 | D | $7.26 · — to — | 27,600 Common Stock | (F1) The reported transaction represents the mandatory conversion of the Issuer's outstanding shares of Series H Convertible Preferred Stock, which converted to Common Stock on August 10, 2023, pursuant to the Certificate of Designation of Preferences, Rights and Limitations of Series H Convertible Preferred Stock (the "Certificate of Designation") filed by the Issuer on or about August 8, 2018 with the Secretary of State of the State of Delaware. Pursuant to the Certificate of Designation, the conversion occurred automatically on the fifth anniversary of August 10, 2018, through no action on the part of the reporting person, and each share of Series H Convertible Preferred Stock converted into 138 shares of the Issuer's Common Stock. |