FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
AUTHENTIDATE HOLDING CORP [ ADAT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/18/2013 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) 11/14/2013 |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Series D Convertible Preferred Stock(1)(4)(5) | $1.0857 | 12/18/2013(1) | S | 17,500 | 12/20/2013(2) | (2) | Common Stock | 161,185 | $10 | 245,000 | I | By affiliated entity | |||
Series D Convertible Preferred Stock(4)(5) | $1.0857 | 12/20/2013(2) | (2) | Common Stock | 184,211 | 20,000 | I | By spouse | |||||||
Warrants (Right to buy)(1)(4)(5) | $0.95 | 12/18/2013(1) | S | 175,000 | 12/20/2013(3) | 06/20/2018 | Common Stock | 2,450,000 | $0 | 2,450,000 | I | By affiliated entity | |||
Warrants (Right to buy)(4)(5) | $0.95 | 12/20/2013(3) | 06/20/2018 | Common Stock | 200,000 | 200,000 | I | By spouse |
Explanation of Responses: |
1. On December 18, 2013, the reporting person transferred to an entity controlled by his sibling a total of 17,500 shares of Series D convertible Preferred Stock and 175,000 Common Stock Purchase Warrants in a private transaction. |
2. The Series D Preferred Stock is convertible commencing six month following the original issue date, which was June 20, 2013. The Series D Convertible Preferred Stock has a stated value of $10.00 per share and has no expiration date. |
3. The warrants are exercisable commencing six month following the original issue date, which was June 20, 2013. |
4. On June 13, 2013, the reporting person filed a Form 4 to report (i) the acquisition, through an affiliated entity, of 245,000 shares of Series D Preferred Stock and 2,450,000 Common Stock Purchase Warrants and (ii) the acquisition, by his spouse, of 20,000 shares of Series D Preferred Stock and 200,000 Common Stock Purchase Warrants. On November 14, 2013, the reporting person filed a subsequent Form 4 to report his direct acquisition of 17,500 shares of Series D Preferred Stock and 175,000 Common Stock Purchase Warrants. In the November Form 4, the reporting person inadvertently reported his beneficial ownership of shares of Series D Preferred Stock and Common Stock Purchase Warrants to include all of the shares of Series D Preferred Stock and Common Stock Purchase Warrants owned by the affiliated entity as being directly beneficially owned, and inadvertently excluded the shares of series D Preferred Stock and Common Stock Purchase Warrants held by his spouse. |
5. (continued from footnote 4) After giving effect to the transaction described in Note 1 of this Form 4, the information contained in Table II of this new Form 4 correctly presents the reporting person's beneficial ownership, by an affiliated entity and his spouse, of the shares of Series D Preferred Stock and the Common Stock Purchase Warrants originally issued in conjunction with the acquisition of the shares of Series D Preferred Stock, and shall be deemed to correct the presentation of such information in the November Form 4. |
/s/ J. David Luce | 12/19/2013 | |
** 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 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). | ||
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. |