Filing Details

Accession Number:
0001209191-11-004369
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-01-21 13:17:46
Reporting Period:
2010-01-19
Filing Date:
2011-01-21
Accepted Time:
2011-01-21 13:17:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1022701 Neomedia Technologies Inc NEOM Services-Computer Integrated Systems Design (7373) 363680347
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1201677 Michael J Cline 51 Madison Avenue
31St Floor
New York NY 10010
No No Yes No
1509836 Jmc Holdings, L.p. 51 Madison Avenue
31St Floor
New York NY 10010
No No Yes 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 2011-01-20 1,446,916 $0.00 11,032,736 No 4 C Indirect See Footnote
Common Stock Disposition 2011-01-19 466,097 $0.06 11,032,736 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See Footnote
No 4 S Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series C Convertible Preferred Stock Disposition 2011-01-20 40 $0.00 1,446,916 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
265 No 4 C Indirect
Footnotes
  1. Each share of the Series C Convertible Preferred Stock, par value $0.01 per share (the "Preferred Stock"), represented herein is convertible into 36,172.91 shares of common stock, par value $0.001 per share, of the Issuer (the "Common Stock"), and had no expiration date. The Certificate of Designation of the Preferred Stock provides that each share of the Preferred Stock is convertible into Common Stock of the Issuer equal to the quotient of the liquidation amount divided by the conversion price. The liquidation amount is equal to one thousand dollars ($1,000) per share of Preferred Stock. The conversion price is equal to, at the option of the holder, the lesser of (i) fifty cents ($0.50) or (ii) 97% of the lowest closing bid price of the Common Stock for the one hundred twenty-five (125) trading days immediately preceding the date of conversion, as quoted by Bloomberg LP.
  2. JMC Holdings, L.P. directly beneficially owns the reported securities. J. Michael Cline is the general partner of JMC Holdings, L.P. J. Michael Cline and JMC Holdings, L.P. disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the Issuer's shares in which such persons have no actual pecuniary interest.