Filing Details

Accession Number:
0001181431-12-036147
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-06-12 19:37:13
Reporting Period:
2012-06-10
Filing Date:
2012-06-12
Accepted Time:
2012-06-12 18:37:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1048620 Granite City Food & Brewery Ltd. GCFB Retail-Eating Places (5812) 411883639
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1344510 Scott Dean Oakey 5724 Calpine Drive
Malibu CA 90265
Chief Concept Officer No Yes 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 2012-06-10 3,125,000 $2.08 3,264,298 No 4 P Indirect By Concept Development Partners LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Concept Development Partners LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Series A Convertible Preferred Stock $0.00 2011-05-10 6,000,000 3,000,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
6,000,000 3,000,000 Indirect
Footnotes
  1. On June 10, 2012, Concept Development Partners LLC and the Issuer entered into a stock purchase agreement for the purchase of the shares reported herein.
  2. The reporting person has an indirect pecuniary interest in the shares reported herein.
  3. Each share of the Preferred Stock is convertible into two shares of common stock.
  4. The Preferred Stock may be converted into common stock of the Issuer at any time prior to December 31, 2014. The Preferred Stock will automatically convert to common stock of the Issuer on the first business day on or after December 31, 2014, on which the average of the closing sale prices of the Issuer's common stock on the NASDAQ Capital Market (or other principal exchange or market on which the common stock is then traded) for the trading days within the 90 calendar day period ending on the date prior to such first business day is greater than $4.00 per share (as adjusted for stock splits, distributions or other combinations).