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Filing Details

Accession Number:
0001354488-11-000884
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-18 20:46:31
Reporting Period:
2010-01-29
Filing Date:
2011-03-18
Accepted Time:
2011-03-18 20:46:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
753048 Axion International Holdings Inc. AXIH Plastics Foam Products (3086) 840846389
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1205074 Richard Rosenblum 850 Third Avenue
Suite 1801
New York NY 10022
No No Yes No
1320581 David Stefansky 850 Third Avenue
Suite 1801
New York NY 10022
Yes No No No
1400704 Harborview Master Fund Lp 850 Third Avenue
Suite 1801
New York NY 10022
No No No Yes
1492019 Harborview Advisors, Llc 850 Third Avenue
Suite 1801
New York NY 10022
No No No Yes
1492020 Harborview Capital Management, Llc 850 Third Avenue
Suite 1801
New York NY 10022
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 2010-01-29 5,000 $2.50 1,504,688 No 4 P Indirect By Harborview Master Fund, L.P. See footnotes
Common Stock Acquisiton 2010-02-03 65,000 $1.87 1,569,688 No 4 P Indirect By Harborview Master Fund, L.P.
Common Stock Disposition 2010-02-19 1,000 $2.09 387,450 No 4 S Indirect By Harborview Capital Management, LLC. See footnotes
Common Stock Disposition 2010-02-24 500 $2.20 386,950 No 4 S Indirect By Harborview Capital Management, LLC
Common Stock Acquisiton 2010-03-09 200,000 $0.00 586,950 No 4 J Indirect By Harborview Capital Management, LLC
Common Stock Acquisiton 2010-07-19 3,019 $0.00 1,572,707 No 4 J Indirect By Harborview Master Fund, L.P.
Common Stock Disposition 2010-09-15 10,700 $1.00 1,562,007 No 4 S Indirect By Harborview Master Fund, L.P.
Common Stock Disposition 2010-09-16 17,388 $1.00 1,544,619 No 4 S Indirect By Harborview Master Fund, L.P.
Common Stock Disposition 2011-01-12 5,000 $1.70 1,539,619 No 4 S Indirect By Harborview Master Fund, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Harborview Master Fund, L.P. See footnotes
No 4 P Indirect By Harborview Master Fund, L.P.
No 4 S Indirect By Harborview Capital Management, LLC. See footnotes
No 4 S Indirect By Harborview Capital Management, LLC
No 4 J Indirect By Harborview Capital Management, LLC
No 4 J Indirect By Harborview Master Fund, L.P.
No 4 S Indirect By Harborview Master Fund, L.P.
No 4 S Indirect By Harborview Master Fund, L.P.
No 4 S Indirect By Harborview Master Fund, L.P.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock 10% Convertible Promissory Note Acquisiton 2010-02-01 1 $0.00 150,000 $2.00
Common Stock Amended and Restated Purchase Warrant Acquisiton 2010-02-01 1 $0.00 100,000 $2.50
Common Stock 10% Convertible Promissory Note Disposition 2010-08-01 1 $0.00 150,000 $2.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1 No 4 J Indirect
1 2010-02-01 2015-02-01 No 4 J Indirect
0 No 4 J Indirect
Footnotes
  1. This statement is jointly filed by and on behalf of each of Harborview Master Fund, L.P. ("Harborview Master Fund"), Harborview Advisors, LLC ("Harborview Advisors"), Harborview Capital Management, LLC ("Harborview Capital Management"), Richard Rosenblum and David Stefansky. Harborview Master Fund and Harborview Capital Management are the direct beneficial owners of the securities covered by this report. Harborview Advisors is the general partner of Harborview Master Fund and may be deemed to beneficially own securities owned by Harborview Master Fund. Richard Rosenblum and David Stefansky are the controlling persons of Harborview Advisors and Harborview Capital Management and may be deemed to beneficially own securities owned by such entities.
  2. Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934 (the "Act") or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
  3. Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issue.
  4. Many of the purchases and sales reported in this and certain other Form 4's were matchable under Section 16(b) of the Securities Act of 1934, as amended. The reporting persons have paid to the issuer $55,847.44, the aggregate amount of the liability incurred (which amount excludes transaction costs).
  5. These shares were issued as consideration under a Financial Advisor and Consulting Agreement for Axion International Holdings, dated February 1, 2010, by and between Harborview Capital Management and the issuer.
  6. These shares were issued as payment of interest of $3,773.44 under an Amended and Restated 8.75% Convertible Debenture Due December 31, 2010.
  7. On February 1, 2010, Harborview Master Fund advanced $300,000 to the issuer and acquired a 10% Convertible Promissory Note (the "Note") and a Purchase Warrant (the "Warrant"). The Note and the Warrant were amended and restated on February 22, 2010, but the terms described herein did not change. The full principal amount of the Note was due on August 1, 2010.
  8. On August 1, 2010, the issuer repaid the Note in cash.