Filing Details

Accession Number:
0001437749-12-000307
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-01-09 12:36:23
Reporting Period:
2011-12-27
Filing Date:
2012-01-09
Accepted Time:
2012-01-09 12:36:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1023844 National Holdings Corp NHLD.OB Security & Commodity Brokers, Dealers, Exchanges & Services (6200) 364128138
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
926578 Jr W Robert Lautz 10866 Wilshire Blvd.,
Suite 1450
Los Angeles CA 90024
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 2011-12-27 2,004,083 $0.00 0 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series C Preferred Stock Disposition 2011-12-27 6,026 $0.00 602,630 $0.50
Common Stock Warrants Disposition 2011-12-27 602,630 $0.00 602,620 $0.50
Common Stock Warrants Disposition 2011-12-27 44,125 $0.00 44,125 $0.50
Common Stock Warrants Disposition 2011-12-27 62,500 $0.00 62,500 $0.75
Common Stock Warrants Disposition 2011-12-27 250,000 $0.00 250,000 $0.50
Common Stock Warrants Disposition 2011-12-27 468,750 $0.00 468,750 $1.25
Common Stock Warrants Disposition 2011-12-27 375,000 $0.00 375,000 $2.00
Common Stock Warrants Disposition 2011-12-27 250,000 $0.00 250,000 $0.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 S Indirect
0 No 4 S Indirect
0 No 4 S Indirect
0 2012-02-22 No 4 S Indirect
0 2015-06-04 No 4 S Indirect
0 2013-06-30 No 4 S Indirect
0 2013-03-31 No 4 S Indirect
0 No 4 S Indirect
Footnotes
  1. These shares were directly beneficially owned by St. Cloud Capital Partners ("St. Cloud Partners"). These securities may have been deemed to be indirectly beneficially owned by Robert W. Lautz, Jr., as a managing member of SCGP, LLC, the General Partner of St. Cloud Partners. This report shall not be deemed an admission by Mr. Lautz that he is or was the beneficial owner of the securities for purposes of Section 16 or otherwise.
  2. These Warrants are currently exercisable in full.
  3. The Series C Preferred Stock does not expire.
  4. COR Securities paid an aggregate consideration of $2,000,000, which consideration consisted of shares of preferred stock and warrants to purchase common stock of COR Securities issued to St. Cloud Capital Partners, L.P. and St. Cloud Capital Partners II, L.P., for the above mentioned rights to the Shares, the Preferred Stock, the Warrants, and the NHLD Debt.
  5. 401,753 of these Warrants are currently exercisable, 200,887 become exercisable on 7/12/12. 200,887 of these Warrants expire on each of 7/12/15, 7/12/16 and 7/12/17
  6. 29,416 of these Warrants are currently exercisable, 14,708 become exercisable on 7/12/12. 14,708 of these Warrants expire on each of 7/12/15, 7/12/16 and 7/12/17
  7. These Warrants are become exercisable in the event that certain indebtedness of National Holdings Corporation, evidenced by those certain convertible promissory notes dated March 31, 2008 and June 30, 2008, is paid prior to their respective maturity dates. These Warrants will expire five years from the date that they become exercisable.