Filing Details
- Accession Number:
- 0001209191-15-026347
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-03-16 13:43:24
- Reporting Period:
- 2013-02-05
- Filing Date:
- 2015-03-16
- Accepted Time:
- 2015-03-16 13:43:24
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1109153 | Tristar Wellness Solutions Inc. | TWSI | Non-Operating Establishments (9995) | 912027724 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1582964 | James Barickman | 10 Saugatuck Ave. Westport CT 06880 | No | No | No | Yes |
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 | 2013-02-05 | 3,125,000 | $0.00 | 3,125,000 | No | 4 | P | Indirect | NorthStar Consumer Products, LLC |
| Common Stock | Disposition | 2013-07-11 | 1,250,000 | $0.00 | 1,875,000 | No | 4 | C | Indirect | NorthStar Consumer Products, LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | NorthStar Consumer Products, LLC |
| No | 4 | C | Indirect | NorthStar Consumer Products, LLC |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Series D Convertible Preferred Stock | Disposition | 2013-02-05 | 125,000 | $0.00 | 3,125,000 | $0.00 |
| Common Stock | Series D Convertible Preferred Stock | Acquisiton | 2013-02-12 | 375,000 | $0.00 | 9,375,000 | $0.00 |
| Common Stock | Series D Convertible Preferred Stock | Acquisiton | 2013-07-11 | 50,000 | $0.00 | 1,250,000 | $0.00 |
| Common Stock | Warrants | Acquisiton | 2013-04-30 | 50,000 | $0.00 | 50,000 | $2.74 |
| Common Stock | Warrants | Acquisiton | 2013-12-31 | 550,000 | $0.00 | 550,000 | $1.00 |
| Common Stock | Warrants | Acquisiton | 2014-11-14 | 5,000 | $0.00 | 5,000 | $0.25 |
| Common Stock | Warrants | Acquisiton | 2015-03-03 | 120,000 | $0.00 | 120,000 | $0.15 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Indirect | ||
| 375,000 | 2013-02-12 | No | 4 | P | Indirect | |
| 425,000 | 2013-07-11 | No | 4 | C | Indirect | |
| 50,000 | 2013-04-30 | 2019-04-01 | No | 4 | A | Direct |
| 550,000 | 2013-12-31 | 2018-12-31 | No | 4 | A | Direct |
| 5,000 | 2014-11-14 | 2019-04-30 | No | 4 | A | Direct |
| 120,000 | 2015-03-03 | 2020-02-28 | No | 4 | A | Direct |
Footnotes
- On February 5, 2013, NorthStar Consumer Products, LLC ("NCP"), submitted a Notice of Conversion to the Issuer for the conversion of 250,000 shares of the Issuer's Series D Convertible Preferred Stock into 6,250,000 shares of the Issuer's Common Stock. The Reporting Person is a 50% owner of NCP, and, as such, is deemed to have acquired 3,125,000 shares of the Issuer's Common Stock. The Series D Convertible Preferred Stock does not have a conversion price so the shares of Common Stock acquired did not have a purchase price.
- On July 11, 2013, NCP and the Issuer entered into a Stock Exchange Agreement under which NCP exchanged 2,500,000 shares of the Issuer's Common Stock for 100,000 shares of the Issuer's Series D Convertible Preferred Stock. Since the Reporting Person is a 50% owner of NCP the Reporting Person is deemed to have exchanged 1,250,000 shares of the Issuer's Common Stock for 50,000 shares of Series D Convertible Preferred Stock.
- The Series D Convertible Preferred Stock does not have a conversion or exercise price.
- Not applicable.
- The Series D Convertible Preferred Stock does not have an expiration date.
- On February 12, 2013, the Issuer closed an Asset Purchase Agreement with NCP under which the Issuer acquired the Beaute de Maman product line from NCP in exchange for 750,000 shares of the Issuer's Series D Convertible Preferred Stock. The Reporting Person is a 50% owner of NCP and is, therefore, deemed to own 375,000 shares of the Series D Convertible Preferred Stock held by NCP.
- The Warrants were issued to the Reporting Person in lieu of receiving cash compensation in the amount of $137,000.
- The Warrants were issued to the Reporting Person in lieu of receiving cash compensation in the amount of $550,000.
- The Warrants were issued to the Reporting Person in lieu of extending terms on a note that had expired in the amount of $1,250.
- The Warrants were issued to the Reporting Person in lieu of receiving cash compensation in the amount of $120,000.
Billionaire Hedge Funds
