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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 2270 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | |||||||||
SERIES A CONVERTIBLE PREFERRED STOCK | Â | 11/17/2006 | Â | C4 | Â | 127,897 | Â (4) | 04/19/2010 | Common Stock | (2) | 0 | Â | ||
SERIES A CONVERTIBLE PREFERRED STOCK | Â | 11/17/2005 | Â | C4 | Â | 1,667 | Â (4) | 04/19/2010 | Common Stock | (2) | 0 | By Spouse | ||
STOCK OPTION (RIGHT TO BUY) | $ 1.6 | 10/13/2005 | Â | A4 | 87,665 | Â | Â (5) | 10/13/2010 | Common Stock | (6) | 87,665 (5) | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BUSH JOHN C/O SONA MOBILE HOLDINGS CORP. 825 THIRD AVENUE, 32ND FLOOR, NEW YORK, NY 10022 |
 X |  X |  PRESIDENT AND CEO |  |
John Bush | 02/28/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Issued upon the automatic conversion on 11/17/2005 of the Issuer?s Series A Convertible Preferred Stock into shares of the Issuer?s Common Stock at the ratio of 48.11159 shares of Common Stock for each share of Series A Convertible Preferred Stock held, as provided in the Certificate of Designation, as amended, for the Series A Preferred Stock. |
(2) | Issued in a merger in exchange for shares of common stock of the merged entity at the ratio of 1 share of Series A Preferred Stock for 10 shares of common stock. |
(3) | 1 for 48.11159. |
(4) | Immediate. |
(5) | The stock option is exercisable as follows: (a) 29,222 shares currently exercisable; (b) 29,222 shares vest 09/30/06; and (c) 29,221 shares vest 09/30/2007. |
(6) | Not Applicable. |