Filing Details

Accession Number:
0001181431-10-022385
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-21 13:00:00
Reporting Period:
2010-04-19
Filing Date:
2010-04-21
Accepted Time:
2010-04-21 18:16:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
866970 Lighting Science Group Corp LSCG Electric Lighting & Wiring Equipment (3640) 232596710
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1488604 W Michael Kempner Building 2A
1227 South Patrick Drive
Satellite Beach FL 32937
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Series D Non-Convertible Preferred Stock Acquisiton 2010-04-19 99,403 $100,000.00 99,403 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Units Option (Right to Buy) Acquisiton 2010-04-19 99,403 $0.00 99,403 $1.01
Common Stock Common Stock Warrants Acquisiton 2010-04-19 99,403 $100,000.00 99,403 $6.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
99,403 2010-04-19 2010-04-19 No 4 J Direct
99,403 2010-04-19 No 4 P Direct
Footnotes
  1. In accordance with the rights granted to Pegasus Partners IV, L.P. ("Pegasus Partners") in the convertible note agreement, dated August 27, 2009, between the Issuer and Pegasus Partners, Pegasus Partners assigned its option regarding 99,403 Units to the Reporting Person. The option for 99,403 Units was assigned to the Reporting Person for no consideration.
  2. Each Unit is made up of (i) one share of Series D Non-Convertible Preferred Stock and (ii) a Warrant to purchase one share of the Issuer's common stock. The Warrants are immediately exercisable after issuance at an exercise price of $6.00 and expire on the twelfth anniversary of the issuance date.
  3. The Warrants expire on the twelfth anniversary of the issuance date.