0001144204-16-090560.txt : 20160328 0001144204-16-090560.hdr.sgml : 20160328 20160328150759 ACCESSION NUMBER: 0001144204-16-090560 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160324 FILED AS OF DATE: 20160328 DATE AS OF CHANGE: 20160328 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: 3DICON CORP CENTRAL INDEX KEY: 0001375195 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 000000000 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6804 SOUTH CANTON AVENUE STREET 2: SUITE 150 CITY: TULSA STATE: OK ZIP: 74136 BUSINESS PHONE: (918) 494-0505 MAIL ADDRESS: STREET 1: 6804 SOUTH CANTON AVENUE STREET 2: SUITE 150 CITY: TULSA STATE: OK ZIP: 74136 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KEEN VICTOR F CENTRAL INDEX KEY: 0001223065 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54697 FILM NUMBER: 161532046 4 1 v435371_4.xml OWNERSHIP DOCUMENT X0306 4 2016-03-24 0 0001375195 3DICON CORP TDCP 0001223065 KEEN VICTOR F C/O 3DICON CORPORATION, 6804 SOUTH CANTON AVENUE, SUITE 150 TULSA OK 74136 1 1 1 0 Chief Executive Officer Series B Convertible Preferred Stock 2016-03-24 4 A 0 1193582 A 2016-03-24 Common Stock 2284515948 1193582 D Each share of Series B Convertible Preferred Stock is convertible into 1,914 shares of common stock. Pursuant to certain Securities Purchase Agreements dated December 11, 2015, 3DIcon Corporation (the "Company") had agreed to issue, and on March 24, 2016 issued, to certain officers, directors, consultants and service providers (collectively, "Recipients") and the Recipients had agreed to accept, and on March 24, 2016 received, shares of Series B Preferred Stock in consideration for the satisfaction, in lieu of cash payment, of an aggregate of $1,105,402.72 owed by the Company to the Recipients. Among the Recipients was the Reporting Person, the Company's Chief Executive Officer, who received 1,193,582 shares of Series B Preferred in satisfaction of $685,354.62 owed to him under certain notes, in connection with certain advances he provided to the Company and for services he provided to the Company. None. The price of the derivative security was not determined for this transaction as the issuance reported was made in consideration for the settlement of amounts owed to the Reporting Person. /s/ Victor F. Keen 2016-03-28