0001181431-12-053979.txt : 20121005
0001181431-12-053979.hdr.sgml : 20121005
20121005213257
ACCESSION NUMBER: 0001181431-12-053979
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121003
FILED AS OF DATE: 20121005
DATE AS OF CHANGE: 20121005
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DePalma James
CENTRAL INDEX KEY: 0001347872
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23590
FILM NUMBER: 121133312
MAIL ADDRESS:
STREET 1: C/O L-1 INVESTMENT PARTNERS LLC
STREET 2: 177 BROAD STREET
CITY: STAMFORD
STATE: CT
ZIP: 06901
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Nexxus Lighting, Inc.
CENTRAL INDEX KEY: 0000917523
STANDARD INDUSTRIAL CLASSIFICATION: DRAWING AND INSULATING NONFERROUS WIRE [3357]
IRS NUMBER: 593046866
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 124 FLOYD SMITH DRIVE
STREET 2: SUITE 300
CITY: CHARLOTTE
STATE: NC
ZIP: 28262
BUSINESS PHONE: 704-405-0419
MAIL ADDRESS:
STREET 1: 124 FLOYD SMITH DRIVE
STREET 2: SUITE 300
CITY: CHARLOTTE
STATE: NC
ZIP: 28262
FORMER COMPANY:
FORMER CONFORMED NAME: SUPER VISION INTERNATIONAL INC
DATE OF NAME CHANGE: 19940204
4
1
rrd357949.xml
FORM 4
X0306
4
2012-10-03
0
0000917523
Nexxus Lighting, Inc.
NEXS
0001347872
DePalma James
C/O ASTON CAPITAL, LLC, 177 BROAD STREET
STAMFORD
CT
06901
1
0
1
0
Common Stock, par value $0.001 per share
40000
D
Common Stock, par value $0.001 per share
2012-10-03
4
C
0
17552769
0.13
A
17552769
I
By limited liability company
Series B Convertible Preferred Stock, par value $0.001 per s
0.13
2012-10-03
4
C
0
228186
0
D
Common Stock, par value $0.001 per share
17552769
371814
I
By limited liability company
On October 3, 2012, RVL 1 LLC ("RVL") converted 228,186 shares of Series B Convertible Preferred Stock, par value $0.001 per share (the "Preferred Stock") into 17,552,769 shares of common stock, par value $0.001 (the "Common Stock"). As of October 3, 2012, RVL held directly (i) 17,552,769 shares of Common Stock and (ii) 371,814 shares of Preferred Stock. Aston Capital LLC ("Aston") is the managing member of RVL. James A. DePalma is an officer of RVL and a member and officer of Aston. As a result of the foregoing, Mr. DePalma possesses the power to vote and to direct the disposition of the securities of Nexxus Lighting, Inc. (the "Company") beneficially owned by RVL and may be deemed to beneficially own such securities. Mr. DePalma's interest in the securities reported herein is limited to the extent of his pecuniary interest, if any.
The 228,186 shares of Preferred Stock are convertible into 17,552,769 shares of Common Stock at the option of the holder, RVL, at a conversion price of $0.13 per share, subject to certain anti-dilution adjustments, and have no expiration date.
The 371,814 shares of Preferred Stock are convertible into 28,601,076 shares of Common Stock at the option of the holder, RVL, at a conversion price of $0.13 per share, subject to certain anti-dilution adjustments, and have no expiration date. As of October 3, 2012 there is an insufficient number of authorized shares of Common Stock to effect the full conversion of the Preferred Stock. Accordingly, as of October 3, 2012, the Company has reserved 1,824,317 shares of Common Stock for issuance upon conversion of 23,716 shares of Preferred Stock. The Company anticipates increasing the authorized number of Common Stock, at which point it will reserve the entire 28,601,076 shares of Common Stock necessary for the conversion of all of the Preferred Stock.
/s/ James A. DePalma
2012-10-05