Filing Details

Accession Number:
0001213900-15-009063
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-24 15:43:23
Reporting Period:
2015-03-16
Filing Date:
2015-11-24
Accepted Time:
2015-11-24 15:43:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1421538 Infinity Augmented Reality Inc. ALSO Services-Prepackaged Software (7372) 711013330
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1592620 Moshe Hogeg C/O 4 Berkovitz St.,
18Th Floor (Museum Tower)
Tel-Aviv L3
Yes 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 Disposition 2015-03-16 295,000 $0.17 8,136,719 No 4 S Direct
Common Stock Disposition 2015-03-17 105,000 $0.12 8,031,719 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Convertible Notes Convertible Notes Acquisiton 2015-04-06 14,324,313 $0.02 14,324,313 $0.00
Series A Preferred Stock Series A Preferred Stock Acquisiton 2015-08-25 8,031,719 $0.00 8,031,719 $0.00
Series B Preferred Stock Series B Preferred Stock Acquisiton 2015-08-25 14,324,313 $0.00 14,324,313 $0.00
Series B Preferred Stock Series B Preferred Stock Acquisiton 2015-09-08 14,324,313 $0.02 14,324,313 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
22,356,032 2015-04-06 2016-04-06 No 4 P Indirect
22,356,032 2015-08-25 No 4 C Indirect
22,356,032 2015-08-25 No 4 C Indirect
36,680,345 2015-09-08 No 4 P Indirect
Footnotes
  1. Reporting Person inadvertently reported the acquisition on a form 4 of 450,000 shares of common stock, par value $0.00001 per share (the "Common Stock") of Infinity Augmented Reality, Inc. (the "Issuer") on November 25, 2013, where in fact he acquired only 400,000, which were all sold in March 2015 as reported in this Form 4.
  2. Consist of (a) 105,000 shares of common Stock held directly by the Reporting Person and (b) 8,031,719 shares of Common Stock of the Issuer issuable upon conversion of Series A Preferred Stock par value $0.00001 per share (the "Series A Preferred Stock") of the Issuer which are held directly by Singulariteam Fund LP. The reporting person is the Managing Partner & Chairman of Singulariteam Fund LP and may be deemed to beneficially own such shares. Singulariteam Fund LP entered into an agreement with the Issuer to receive the above referred to Series A Preferred Stock for 4,000,000 in principal amount of convertible debentures of the Issuer and accrued interest thereon and warrants to purchase up to an additional $4,000,000 shares. Does not include options to purchase 20,100,000 of Common Stock.
  3. Consist of 8,031,719 shares of Common Stock of the Issuer issuable upon conversion of Series A Preferred Stock of the Issuer. See also note 2.
  4. Consist of (a) 8,031,719 shares of Common Stock of the Issuer issuable upon conversion of Series A Preferred Stock of the Issuer. See Note 2 and (b) convertible notes which are convertible into 14,324,313 Series B Preferred Shares held directly by Singulariteam Fund II LP. The Reporting Person is the Principal Partner & Chairman of Singulariteam Fund II LP and may be deemed to beneficially own such shares.
  5. Reflects the receipt of 8,031,719 shares of Series A Preferred Stock of the Issuer held by Singulariteam Fund LP in exchange for 4,000,000 in principal amount of convertible debentures of the Issuer and accrued interest thereon and warrants to purchase up to an additional $4,000,000 shares and (b) notes to purchase 14,324,313 shares of Series B Preferred Stock held directly by Singulariteam Fund II LP. Shares of Series A Preferred Stock and Series B Preferred Stock are currently convertible on a one for one basis to Common Stock.
  6. Reflects the automatic conversion of notes to 14,324,313 shares of Series B Preferred Stock. Consists of (a) 8,031,719 shares of Series A Preferred Stock directly owned by Singulariteam Fund LP and (b) 14,324,313 Series B Preferred Shares held directly by Singulariteam Fund II LP.
  7. Consists of (a) 8,031,719 shares of Series A Preferred Stock directly owned by Singulariteam Fund LP and (b) 28,648,626 shares of Series B Preferred Stock held directly by Singulariteam Fund II LP.
  8. The right to convert the Series A Preferred Stock and Series B Preferred Stock to Common Stock does not expire.