Filing Details

Accession Number:
0001209191-12-009775
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-14 12:47:04
Reporting Period:
2011-11-23
Filing Date:
2012-02-14
Accepted Time:
2012-02-14 12:47:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1490930 Digital Domain Media Group Inc. DDMG Services-Motion Picture & Video Tape Production (7812) 270449505
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1535366 Pbc Mgpef Ddh, Llc 505 South Flagler Drive, Suite 1400
West Palm Beach FL 33401
No No Yes No
1535370 Pbc Gp Iii, Llc 505 South Flagler Drive, Suite 1400
West Palm Beach FL 33401
No No Yes No
1535372 Pbc Digital Holdings, Llc 505 South Flagler Drive, Suite 1400
West Palm Beach FL 33401
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 2011-11-23 4,544,019 $0.01 4,544,019 No 4 X Direct
Common Stock Acquisiton 2011-11-23 77,731 $0.01 77,731 No 4 X Direct
Common Stock Acquisiton 2011-11-23 3,422,027 $0.00 3,422,027 No 4 C Direct
Common Stock Acquisiton 2011-11-23 1,650,530 $0.01 1,650,530 No 4 X Indirect See footnote.
Common Stock Acquisiton 2011-11-23 2,504,273 $0.01 2,504,273 No 4 X Direct
Common Stock Acquisiton 2011-11-23 45,782 $0.01 45,782 No 4 X Direct
Common Stock Acquisiton 2011-11-23 2,187,520 $0.00 2,187,520 No 4 C Direct
Common Stock Acquisiton 2011-11-23 671,201 $0.01 671,201 No 4 X Indirect See footnote.
Common Stock Disposition 2011-11-23 5,346 $8.50 4,538,673 No 4 S Direct
Common Stock Disposition 2011-11-23 91 $8.50 77,640 No 4 S Direct
Common Stock Disposition 2011-11-23 1,942 $8.50 1,648,588 No 4 S Direct
Common Stock Disposition 2011-11-23 2,946 $8.50 2,501,327 No 4 S Direct
Common Stock Disposition 2011-11-23 54 $8.50 45,728 No 4 S Direct
Common Stock Disposition 2011-11-23 790 $8.50 670,411 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Direct
No 4 X Direct
No 4 C Direct
No 4 X Indirect See footnote.
No 4 X Direct
No 4 X Direct
No 4 C Direct
No 4 X Indirect See footnote.
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrant Disposition 2011-11-23 4,544,019 $0.00 4,544,019 $0.01
Common Stock Warrant Disposition 2011-11-23 77,731 $0.00 77,731 $0.01
Common Stock Convertible Securities Disposition 2011-11-23 0 $0.00 3,422,027 $0.00
Common Stock Warrant Disposition 2011-11-23 1,650,530 $0.00 1,650,530 $0.01
Common Stock Warrant Disposition 2011-11-23 2,504,273 $0.00 2,504,273 $0.01
Common Stock Warrant Disposition 2011-11-23 45,782 $0.00 45,782 $0.01
Common Stock Convertible Securities Disposition 2011-11-23 0 $0.00 2,187,520 $0.00
Common Stock Warrant Disposition 2011-11-23 671,201 $0.00 671,201 $0.01
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2010-11-24 2020-11-24 No 4 X Direct
0 2010-11-24 2020-11-24 No 4 X Direct
0 2010-11-24 No 4 C Indirect
0 2010-12-30 2020-12-30 No 4 X Direct
0 2010-11-24 2020-11-24 No 4 X Direct
0 2010-11-24 2020-11-24 No 4 X Direct
0 2010-11-24 No 4 C Direct
0 2010-11-24 2020-11-24 No 4 X Indirect
Footnotes
  1. PBC GP III, LLC is the sole manager of PBC Digital Holdings, LLC, which held warrants to purchase shares of series A preferred stock, which were convertible into 4,544,019 shares of common stock and which were automatically exercised and converted directly into such number of shares of common stock upon the consummation of the initial public offering of Digital Domain Media Group, Inc. ("DDMG"). PBC GP III, LLC disclaims beneficial ownership of all of the shares of common stock, and any warrants relating thereto, owned by PBC Digital Holdings, LLC except to the extent of any pecuniary interest therein.
  2. PBC GP III, LLC is the sole manager of PBC Digital Holdings, LLC, which held warrants to purchase 77,731 shares of common stock, which were automatically exercised into such number of shares of common stock upon the consummation of the initial public offering of DDMG. PBC GP III, LLC disclaims beneficial ownership of all of the shares of common stock, and any warrants relating thereto, owned by PBC Digital Holdings, LLC except to the extent of any pecuniary interest therein.
  3. PBC GP III, LLC is the sole manager of PBC Digital Holdings, LLC, which converted $9,715,000 amount of a convertible senior note on November 23, 2011, using a formula set forth in the note, resulting in PBC Digital Holdings, LLC's acquisition of 3,422,027 shares of common stock.
  4. PBC GP III, LLC is the sole manager of PBC Digital Holdings, LLC, to which 3,422,027 shares of common stock were issuable upon conversion of a senior note. Such note converted into such number of shares of common stock upon the consummation of the initial public offering of DDMG. PBC GP III, LLC disclaims beneficial ownership of all of the shares of common stock owned by PBC Digital Holdings, LLC except to the extent of any pecuniary interest therein.
  5. PBC GP III, LLC is the sole manager of PBC Digital Holdings II, LLC, which held warrants to purchase 1,650,530 shares of common stock, which were automatically exercised into such number of shares of common stock upon the consummation of the initial public offering of DDMG. PBC GP III, LLC disclaims beneficial ownership of all of the shares of common stock, and any warrants relating thereto, owned by PBC Digital Holdings II, LLC except to the extent of any pecuniary interest therein.
  6. PBC GP III, LLC is the sole manager of PBC MGPEF DDH, LLC, which held warrants to purchase shares of series A preferred stock, which were convertible into 2,504,273 shares of common stock and which were automatically exercised and converted directly into such number of shares of common stock upon the consummation of the initial public offering of DDMG. PBC GP III, LLC disclaims beneficial ownership of all of the shares of common stock, and any warrants relating thereto, owned by PBC MGPEF DDH, LLC except to the extent of any pecuniary interest therein.
  7. PBC GP III, LLC is the sole manager of PBC MGPEF DDH, LLC, which held warrants to purchase 45,782 shares of common stock, which were automatically exercised into such number of shares of common stock upon the consummation of the initial public offering of DDMG. PBC GP III, LLC disclaims beneficial ownership of all of the shares of common stock, and any warrants relating thereto, owned by PBC MGPEF DDH, LLC except to the extent of any pecuniary interest therein.
  8. PBC GP III, LLC is the sole manager of PBC MGPEF DDH, LLC, which converted $6,000,000 amount of a convertible senior note on November 23, 2011, using a formula set forth in the note, resulting in PBC Digital Holdings, LLC's acquisition of 2,187,520 shares of common stock.
  9. PBC GP III, LLC is the sole manager of PBC MGPEF DDH, LLC, to which 2,187,520 shares of common stock were issuable upon conversion of a senior note. Such note automatically converted into such number of shares of common stock upon the consummation of the initial public offering of DDMG. PBC GP III, LLC disclaims beneficial ownership of all of the shares of common stock owned by PBC MGPEF DDH, LLC except to the extent of any pecuniary interest therein.
  10. PBC GP III, LLC is the sole manager of PBC DDH Warrants, LLC, which held warrants to purchase shares of series A preferred stock, which were convertible into 671,201 shares of common stock and which were automatically exercised and converted directly into such number of shares of common stock upon the consummation of the initial public offering of DDMG. PBC GP III, LLC disclaims beneficial ownership of all of the shares of common stock, and any warrants relating thereto, owned by PBC DDH Warrants, LLC except to the extent of any pecuniary interest therein.