0001680070-16-000003.txt : 20161109 0001680070-16-000003.hdr.sgml : 20161109 20161109130749 ACCESSION NUMBER: 0001680070-16-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161108 FILED AS OF DATE: 20161109 DATE AS OF CHANGE: 20161109 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NOBLE ROMANS INC CENTRAL INDEX KEY: 0000709005 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 351281154 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE VIRGINIA AVE STREET 2: STE 800 CITY: INDIANAPOLIS STATE: IN ZIP: 46204 BUSINESS PHONE: 3176343377 MAIL ADDRESS: STREET 1: ONE VIRGINIA AVENUE STREET 2: SUITE 800 CITY: INDIANAPOLIS STATE: IN ZIP: 46204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Herbst Marcel CENTRAL INDEX KEY: 0001680070 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-11104 FILM NUMBER: 161983461 MAIL ADDRESS: STREET 1: 834 W. ROSCOE ST. STREET 2: UNIT 2 CITY: CHICAGO STATE: X1 ZIP: 60657 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2016-11-08 0 0000709005 NOBLE ROMANS INC NROM 0001680070 Herbst Marcel 2846 N. SOUTHPORT AVE UNIT 3N CHICAGO X1 60657 UNITED STATES 1 0 0 0 Convertible, subordinated, unsecured promissory notes 0.5 2016-11-08 2016-11-08 4 A 0 200000 0.5 A 2016-11-08 2019-11-08 Noble Romans Inc. 600000 635000 I Convertible is purchased by Herbst Capital Mgt., LLC The Convertible and attached warrants are held in the account of Herbst Capital Management, LLC. (the "fund") for which Herbst Capital Partners, LLC (the "General Partner") serves as its manager. Marcel Herbst is the General Manager of Herbst Capital Partners, LLC and also serves as the Portfolio Manager of Herbst Capital Management, LLC. Mr. Herbst may be deemed to beneficially own these securities held by the fund by virtue of the General Partner's position in the fund and Mr. Herbst's status as the general manager of the General Partner and his status as portfolio manager of the fund. Interest on the Notes accrues at the annual rate of 10% and is payable quarterly in arrears. Principal of the Notes matures three years after issuance. Each holder of the Notes may convert them at any time into Common Stock of the Company at a conversion price of $0.50 per share. The Warrants expire three years from the date of issuance and provide for an exercise price of $1.00 per share of Common Stock Marcel Herbst 2016-11-09