Filing Details

Accession Number:
0001567619-21-012022
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-11 16:23:40
Reporting Period:
2021-06-09
Accepted Time:
2021-06-11 16:23:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1046995 Emagin Corp EMAN Semiconductors & Related Devices (3674) 561764501
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1230770 Ltd Ginola C/o Inpendra Limited, 2Nd Floor
Eaton House, 9 Seaton Place
St. Helier Y9 JE4 9WG
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 2021-06-09 173,333 $2.05 773,895 No 4 X Direct
Common Stock Disposition 2021-06-09 4,010 $3.54 769,885 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Purchase Warrants (right to buy) Acquisiton 2021-06-09 173,333 $0.00 173,333 $2.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-06-23 2021-06-23 No 4 X Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 783,325 Indirect By Rainbow Gate Corporation
Common Stock 78,478 Indirect By Mount Union Corp.
Common Stock 57,372 Indirect By Chelsea Trust Company, as Trustee
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Series B Convertible Preferred Stock $0.75 2008-12-22 2,657,180 803 Direct
Common Stock Series B Convertible Preferred Stock $0.75 2008-12-22 2,326,273 703 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2,657,180 803 Direct
2,326,273 703 Indirect
Footnotes
  1. Reporting Person elected to do a cash exercise of that certain Common Stock Purchase Warrant (issued pursuant to that certain Securities Purchase Agreement dated December 17, 2015 among eMagin Corporation (the "Issuer") and the purchasers signatory thereto), pursuant to the terms of such warrant.
  2. The price reported in Column 4 is a weighted average price. These shares of Common Stock, par value $0.001 per share ("Common Stock"), of the Issuer were sold in multiple transactions at prices ranging from $3.53 to $3.56 per share of Common Stock, inclusive. Ginola Limited ("Ginola" or the "Reporting Person") undertakes to provide, upon request, to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth herein.
  3. These securities are solely owned by Rainbow Gate Corporation. The Reporting Person disclaims beneficial ownership of these securities, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities.
  4. These securities are solely owned by Mount Union Corp. The Reporting Person disclaims beneficial ownership of these securities, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities.
  5. These securities are solely owned by Chelsea Trust Company Limited, as Trustee. The Reporting Person disclaims beneficial ownership of these securities, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities.
  6. The shares of Series B Convertible Preferred Stock were purchased on December 22, 2008 as part of a private placement with the Issuer in accordance with the Securities Purchase Agreement, dated December 18, 2008, between the Issuer and the holder. The shares of Series B Convertible Preferred Stock have the rights and preferences set forth on the Certificate of Designations of Series B Convertible Preferred Stock filed with the Secretary of State for the State of Delaware on December 19, 2008. The Series B Convertible Preferred Stock has a stated value of $1,000 per share and currently has a conversion price of $ 0.3022 per share.