FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 06/06/2014 |
3. Issuer Name and Ticker or Trading Symbol
Inventergy Global, Inc. [ INVT ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) 06/16/2014 |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock, $0.001 par value per share | 2,103,176(1)(2) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. The shares of common stock (the "Shares") being reported by the Reporting Person were issued pursuant to non-plan stock grants dated February 5, 2013. The Shares are subject to forfeiture to the issuer upon the termination of the Reporting Person's service before the Shares have vested. With respect to 50% of the Shares, 20% vested immediately upon granting and a portion of the remaining shares vest annually over a three year period. With respect to the remaining 50% of the Shares, the forfeiture condition lapses and the Shares vest upon achieving specified milestones, including repayment of the certain senior secured notes of the issuer, certain licensing stages are completed and upon acquisitions of additional patent portfolios. All such Shares are held in escrow by the issuer and are subject to a right of first refusal in the event of a proposed sale or transfer. |
2. This amendment to Form 3 is being filed to correct a mistake on the originally filed Form 3 by reducing the number of shares beneficially owned by the Reporting Person by 17,674 shares. |
Remarks: |
Senior Vice President, General Counsel and Secretary |
/s/ Wayne Sobon | 06/30/2014 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |