Filing Details

Accession Number:
0001179110-10-010369
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-14 13:00:00
Reporting Period:
2010-05-13
Filing Date:
2010-06-14
Accepted Time:
2010-06-14 13:44:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1045942 Securealert Inc. SCRA Communications Equipment, Nec (3669) 870543981
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
938421 G David Derrick 150 West Civic Center Drive, Suite 400
Sandy UT 84070
Chief Executive Officer Yes Yes 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
Common Stock Acquisiton 2010-05-13 4,998,000 $0.00 6,039,470 No 4 C Direct
Common Stock Acquisiton 2010-05-20 2,004,000 $0.00 8,043,470 No 4 C Direct
Common Stock Disposition 2010-06-02 2,000,000 $0.14 6,043,470 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series D Convertible Preferred Stock Disposition 2010-05-13 833 $0.00 4,998,000 $0.00
Common Stock Series D Convertible Preferred Stock Disposition 2010-05-20 334 $0.00 2,004,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,567 2010-04-13 No 4 C Direct
2,233 2010-04-13 No 4 C Direct
Footnotes
  1. On May 13, 2010, Mr. Derrick converted 833 shares of Series D Convertible Preferred Stock into 4,998,000 shares of SecureAlert, Inc., common stock. On May 20, he converted another 334 shares of Series D Preferred Stock into 2,004,000 shares of SecureAlert, Inc., common stock, for an aggregate of 1,167 shares of Series D Preferred Stock into 7,002,000 shares of SecureAlert, Inc., common stock.
  2. The Series D Convertible Preferred Stock converts into common stock of SecureAlert, Inc., at a ratio of one share of Series D Preferred into 6,000 shares of common stock. The Series D Preferred Stock was convertible beginning on April 13, 2010, and there is no expiration date.
  3. On June 2, 2010, Mr. Derrick transferred 2,000,000 shares of SecureAlert, Inc., common stock to two unrelated entities for consulting services to be rendered to ADP Management Corporation, at a per share valule of $0.14, the market price on the date of the transfer.