Home > Insider Trading > Filing (0001437749-20-015193)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
870826	Imedia Brands Inc.	IMBI	Retail-Catalog & Mail-Order Houses (5961)	411673770

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1775743	Eyal Lalo	6740 Shady Oak Road Minneapolis MN 55344		Yes	No	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	2020-04-17	693,370	$2.04	1,093,370	No	4	P	Indirect	By LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By LLC

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrants (right to buy)	Acquisiton	2020-04-17	41,024	$0.00	41,024	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
41,024	2020-07-11	2025-04-14	No	4	P	Indirect

Footnotes

Consists of: (i) 244,798 shares of Common Stock purchased in the first tranche pursuant to the Common Stock and Warrant Purchase Agreement, dated April 14, 2020, by and between the Issuer and the Purchasers listed therein (the "Purchase Agreement"), which closed on April 17, 2020; (ii) 122,399 shares of Common Stock purchased in the second tranche pursuant to the Purchase Agreement, which closed on May 23, 2020; (iii) 122,399 shares of Common Stock purchased in the third tranche pursuant to the Purchase Agreement, which closed on June 13, 2020; and (iv) 203,774 shares of Common Stock purchased in the fourth tranche pursuant to the Purchase Agreement, which closed on July 11, 2020 (where the 19.999% blocker limitation set forth in the Purchase Agreement was implicated and 41,024 blocker warrants were issued in lieu of shares of Common Stock which became immediately exercisable with an exercise price of $0.001).
The reporting person's Form 4 filed on April 21, 2020 understated shares purchased by 2,300 shares due to information then available on the future tranche closings.
After taking into account the 1-for-10 reverse stock split effective December 11, 2019.
The reporting person's Form 4 filed on April 21, 2020 overstated the blocker warrants issued by 2,300 blocker warrants due to information then available on the future tranche closings.