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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
7.00% Series A Cumulative Perpetual Convertible Preferred St | (1) | 03/20/2018 | C | 50,000 | 10/03/2012 | (2) | Common Stock | 530,110 (1) | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Baralonco Ltd P.O. BOX 71, ROAD TOWN TORTOLA, D8 VG1110 |
X | |||
bin Abdullah bin Abdulrahman Khalid P.O. BOX 71, ROAD TOWN BRITISH VIRGIN ISLANDS TORTOLA, D8 VG1110 |
X |
/s/ Larry G. Franceski, Attorney-in-Fact | 04/15/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Issuer caused the mandatory conversion of 7.00% Series A Cumulative Perpetual Convertible Preferred Stock into shares of Common Stock on March 20, 2018, at a conversion price of approximately $9.43 per share (equivalent to a conversion rate of 10.6022 shares of Common Stock for each share of 7.00% Series A Cumulative Perpetual Convertible Preferred Stock). Upon the mandatory conversion of such Convertible Stock, accrued and unpaid dividends were paid in cash by the Issuer. |
(2) | These securities have no stated expiration date. |
(3) | This Form 4 is a joint filing with the sole owner of Baralonco Limited, Khalid bin Abdullah bin Abdulrahman, at the same business address. The joint filer is the indirect owner of the same shares as to which Baralonco Limited is the direct owner. |