0001144204-14-008789.txt : 20140213 0001144204-14-008789.hdr.sgml : 20140213 20140213202419 ACCESSION NUMBER: 0001144204-14-008789 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130920 FILED AS OF DATE: 20140213 DATE AS OF CHANGE: 20140213 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Protea Biosciences Group, Inc. CENTRAL INDEX KEY: 0001335103 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 955 HARTMAN RUN ROAD CITY: MORGANTOWN STATE: WV ZIP: 26507 BUSINESS PHONE: 304 292-2226 MAIL ADDRESS: STREET 1: 955 HARTMAN RUN ROAD CITY: MORGANTOWN STATE: WV ZIP: 26507 FORMER COMPANY: FORMER CONFORMED NAME: Protea Biosciences Inc. DATE OF NAME CHANGE: 20110908 FORMER COMPANY: FORMER CONFORMED NAME: SRKP 5 INC DATE OF NAME CHANGE: 20050803 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: El Coronado Holdings, LLC CENTRAL INDEX KEY: 0001319763 STATE OF INCORPORATION: AZ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51474 FILM NUMBER: 14609044 BUSINESS ADDRESS: STREET 1: 4673 CHRISTOPHER PLACE CITY: DALLAS STATE: TX ZIP: 75204 BUSINESS PHONE: 214-520-1684 MAIL ADDRESS: STREET 1: 4673 CHRISTOPHER PLACE CITY: DALLAS STATE: TX ZIP: 75204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: AUSTIN JOSIAH T CENTRAL INDEX KEY: 0000932267 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51474 FILM NUMBER: 14609045 MAIL ADDRESS: STREET 1: 4673 CHRISTOPHER PLACE CITY: DALLAS STATE: TX ZIP: 75204 4 1 v368353_4.xml OWNERSHIP DOCUMENT X0306 4 2013-09-20 0 0001335103 Protea Biosciences Group, Inc. NONE 0000932267 AUSTIN JOSIAH T 4673 CHRISTOPHER PLACE. DALLAS TX 75204 1 0 1 0 0001319763 El Coronado Holdings, LLC 4673 CHRISTOPHER PLACE DALLAS TX 75204 0 0 1 0 Common Stock 2013-11-01 4 P 0 100000 0.50 A 4148447 D Common Stock 2013-11-01 4 P 0 100000 0.50 A 4148447 I As Managing Member of El Coronado Holdings, LLC Common Stock 2013-11-01 4 P 0 1026111 0.50 A 5174558 D Common Stock 2013-11-01 4 P 0 1026111 0.50 A 5174558 I As Managing Member of El Coronado Holdings, LLC Common Stock 2013-11-01 4 P 0 638750 0.50 A 5813308 D Common Stock 2013-11-01 4 P 0 638750 0.50 A 5813308 I As Managing Member of El Coronado Holdings, LLC Common Stock 2013-11-01 4 P 0 606833 0.50 A 6420141 D Common Stock 2013-11-01 4 P 0 606833 0.50 A 6420141 I As Managing Member of El Coronado Holdings, LLC Common Stock 2013-12-30 4 P 0 254584 0.50 A 6674725 D Common Stock 2013-12-30 4 P 0 254584 0.50 A 6674725 I As Managing Member of El Coronado Holdings, LLC Convertible Note 0.50 2013-10-25 4 P 0 250000 125000 A 2013-10-25 2014-02-25 Common Stock 6350552 D Convertible Note 0.50 2013-10-25 4 P 0 250000 125000 A 2013-10-25 2014-02-25 Common Stock 6350552 I As Managing Member of El Coronado Holdings, LLC Convertible Notes 0.50 2013-11-01 4 C 0 2271694 1135847.23 D 2013-11-01 2013-11-01 Common Stock 2271694 4120552 D Convertible Notes 0.50 2013-11-01 4 C 0 2271694 1135847.23 D 2013-11-01 2013-11-01 Common Stock 2271694 4120552 I As Managing Member of El Coronado Holdings, LLC Warrant 0.50 2013-11-01 4 P 0 100000 50000 A 2013-11-01 2014-11-01 Common Stock 100000 4220552 D Warrant 0.50 2013-11-01 4 P 0 100000 50000 A 2013-11-01 2014-11-01 Common Stock 100000 4220552 I As Managing Member of El Coronado Holdings, LLC Warrant 0.75 2013-11-01 4 P 0 50000 37500 A 2013-11-01 2018-11-01 Common Stock 50000 4270552 D Warrant 0.75 2013-11-01 4 P 0 50000 37500 A 2013-11-01 2018-11-01 Common Stock 50000 4270552 I As Managing Member of El Coronado Holdings, LLC Warrant 0.50 2013-11-01 4 P 0 1026111 513056 A 2013-11-01 2014-11-01 Common Stock 1026111 5296663 D Warrant 0.50 2013-11-01 4 P 0 1026111 513056 A 2013-11-01 2014-11-01 Common Stock 1026111 5296663 I As Managing Member of El Coronado Holdings, LLC Warrant 0.75 2013-11-01 4 P 0 513056 384792 A 2013-11-01 2018-11-01 Common Stock 513056 5809719 D Warrant 0.75 2013-11-01 4 P 0 513056 384792 A 2013-11-01 2018-11-01 Common Stock 513056 5809719 I As Managing Member of El Coronado Holdings, LLC Warrant 0.50 2013-11-01 4 P 0 638750 319375 A 2013-11-01 2014-11-01 Common Stock 638750 6448469 D Warrant 0.50 2013-11-01 4 P 0 638750 319375 A 2013-11-01 2014-11-01 Common Stock 638750 6448469 I As Managing Member of El Coronado Holdings, LLC Warrant 0.75 2013-11-01 4 P 0 319375 239531 A 2013-11-01 2018-11-01 Common Stock 319375 6767844 D Warrant 0.75 2013-11-01 4 P 0 319375 239531 A 2013-11-01 2018-11-01 Common Stock 319375 6767844 I As Managing Member of El Coronado Holdings, LLC Warrant 0.50 2013-11-01 4 P 0 606833 303417 A 2013-11-01 2014-11-01 Common Stock 606833 7374677 D Warrant 0.50 2013-11-01 4 P 0 606833 303417 A 2013-11-01 2014-11-01 Common Stock 606833 7374677 I As Managing Member of El Coronado Holdings, LLC Warrant 0.75 2013-11-01 4 P 0 303417 227563 A 2013-11-01 2018-11-01 Common Stock 303417 7678094 D Warrant 0.75 2013-11-01 4 P 0 303417 227563 A 2013-11-01 2018-11-01 Common Stock 303417 7678094 I As Managing Member of El Coronado Holdings, LLC Warrant 0.50 2013-12-30 4 P 0 254584 127292 A 2013-12-30 2014-12-30 Common Stock 254584 7932678 D Warrant 0.50 2013-12-30 4 P 0 254584 127292 A 2013-12-30 2014-12-30 Common Stock 254584 7932678 I As Managing Member of El Coronado Holdings, LLC Warrant 0.75 2013-12-30 4 P 0 127292 95469 A 2013-12-30 2018-12-30 Common Stock 127292 8059970 D Warrant 0.75 2013-12-30 4 P 0 127292 95469 A 2013-12-30 2018-12-30 Common Stock 127292 8059970 I As Managing Member of El Coronado Holdings, LLC Convertible Note 0.50 2013-12-30 4 C 0 254584 127292 D 2013-12-30 2013-12-30 Common Stock 254584 7809970 D Convertible Note 0.50 2013-12-30 4 C 0 254584 127292 D 2013-12-30 2013-12-30 Common Stock 254584 7809970 I As Managing Member of El Coronado Holdings, LLC Stock Option 0.55 2013-01-28 4 A 0 57958 31877 A 2013-01-28 2023-01-28 Common Stock 57958 7867928 D On November 1, 2013, the Company issued to El Coronoado Holdings, LLC, of which Josiah T. Austin is the managing member (collectively, the "Reporting Person") 1/2 of a unit (each a "Winter 2013 Unit") consisting of (i) 100,000 shares of common stock, par value $.0001 per share, (ii) and two warrants, including (a) a 1 year warrant to purchase 100,000 shares of common stock at an exercise price of $0.50 per share (the "A Warrants") and (b) a 5 year warrant to purchase 50,000 shares of common stock at an exercise price of $0.75 per share (the "B Warrants" and together with the A Warrants the "Investor Warrants") in connection with the sale of approximately 55 Winter 2013 Units in an offering (the "Winter 2013 Offering") of a minimum of $2,000,000 and up to a maximum of $6,000,000 of securities of the Company. Represents the securities of the Company owned of record by El Coronado Holdings, LLC. Josiah Austin is the managing member of El Coronado Holdings, LLC with voting and investment control over the securities of the Company owned of record by El Coronado Holdings, LLC and therefore deeemed to beneficially own the securities of the Company owned of record by El Coronado Holdings, LLC. In addition, on November 1, 2013, the Company issued an aggregate of approximately 11.36 in additional Units to the Reporting Person, in connection with the conversion of $1,135,847.23 in outstanding principal and accrued unpaid interest in outstanding bridge notes. On October 25, 2013, the Company issued a promissory note for $125,000 to El Coronado and, entered into a Note and Warrant Purchase Agreement by and between the Company and El Coronado. On December 30, 2013 the note converted into andditional approximate 1.27 Winter 2013 Units in connection with the conversion of $127,292 in outstanding principal and accrued unpaid interset in the note. Represents shares vested as of February 10, 2014. /s/ Josiah T. Austin 2014-02-13 /s/ Josiah T. Austin, Managing Member of El Coronado Holdings, LLC 2014-02-13