0001144204-14-029676.txt : 20140512
0001144204-14-029676.hdr.sgml : 20140512
20140512181742
ACCESSION NUMBER: 0001144204-14-029676
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140506
FILED AS OF DATE: 20140512
DATE AS OF CHANGE: 20140512
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: 26505
BUSINESS PHONE: 304 292-2226
MAIL ADDRESS:
STREET 1: 955 HARTMAN RUN ROAD
CITY: MORGANTOWN
STATE: WV
ZIP: 26505
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: 14834791
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: 14834792
MAIL ADDRESS:
STREET 1: 4673 CHRISTOPHER PLACE
CITY: DALLAS
STATE: TX
ZIP: 75204
4
1
v378019_4.xml
OWNERSHIP DOCUMENT
X0306
4
2014-05-06
0
0001335103
Protea Biosciences Group, Inc.
PRGB
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
Stock Option
0.55
2013-01-28
4
A
0
12375
6806
A
2023-01-28
Common Stock
12375
8389394
D
Convertible Note
0.55
2014-05-06
4
P
0
90909
50000
A
2014-05-06
2015-05-06
Common Stock
90909
8480303
D
Convertible Note
0.55
2014-05-06
4
P
0
90909
50000
A
2014-05-06
2015-05-06
Common Stock
90909
8480303
I
As Managing Member of El Coronado Holdings, LLC
Warrant
0.80
2014-05-06
4
P
0
54546
46636
A
2014-05-06
2019-05-06
Common Stock
54546
8534849
D
Warrant
0.80
2014-05-06
4
P
0
54546
46636
A
2014-05-06
2019-05-06
Common Stock
54546
8534849
I
As Managing Member of El Coronado Holdings, LLC
Convertible Note
0.55
2014-05-09
4
P
0
181818
100000
A
2014-05-09
2015-05-09
Common Stock
181818
8716667
D
Convertible Note
0.55
2014-05-09
4
P
0
181818
100000
A
2014-05-09
2015-05-09
Common Stock
181818
8716667
I
As Managing Member of El Coronado Holdings, LLC
Warrant
0.80
2014-05-09
4
P
0
109091
87273
A
2014-05-09
2019-05-09
Common Stock
109.091
8825758
D
Warrant
0.80
2014-05-09
4
P
0
109091
87273
A
2014-05-09
2019-05-09
Common Stock
109091
8825758
I
As Managing Member of El Coronado Holdings, LLC
Represents shares vested as of May 6, 2014. Including these stock options, Mr. Austin holds a total of 70,333 vested options.
On May 6, 2014, the Company issued a covertible promissory note (the May 6 Note "Note") to El Coronado Holdings, LLC. The May 6 Note's principal amount is $50,000 and bears interest at a rate of 10% annually and will mature one year from the issuance date. Mr. Josiah Austin is the managing member of El Coronado Holdings, LLC and may be deemed to have voting and investment control over these securities.
Upon conversion of the May 6 Note, the reporting persons shall receive a warrant to purchase 54,546 shares of common stock for each $50,000 of principal and interest converted, exercisable at $0.80 per share for five years.
On May 9, 2014, the Company issued a covertible promissory note (the "May 9 Note") to El Coronado Holdings, LLC. The May 9 Note's principal amount is $100,000 and bears interest at a rate of 10% annually and will mature one year from the issuance date. Mr. Josiah Austin is the managing member of El Coronado Holdings, LLC and may be deemed to have voting and investment control over these securities.
Upon conversion of the May 9 Note, the reporting persons shall receive a warrant to purchase 109,091 shares of common stock for each $100,000 of principal and interest converted, exercisable at $0.80 per share for five years.
/s/ Josiah T. Austin
2014-05-12
/s/ Josiah T. Austin, Managing Member of El Coronado Holdings, LLC
2014-05-12