0001599510-14-000001.txt : 20140411 0001599510-14-000001.hdr.sgml : 20140411 20140411151217 ACCESSION NUMBER: 0001599510-14-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140411 FILED AS OF DATE: 20140411 DATE AS OF CHANGE: 20140411 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TEL INSTRUMENT ELECTRONICS CORP CENTRAL INDEX KEY: 0000096885 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 221441806 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: ONE BRANCA ROAD CITY: EAST RUTHERFORD STATE: NJ ZIP: 07073 BUSINESS PHONE: 2019331600 MAIL ADDRESS: STREET 1: ONE BRANCA ROAD CITY: EAST RUTHERFORD STATE: NJ ZIP: 07073 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dowling Vincent J. Jr CENTRAL INDEX KEY: 0001599510 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31990 FILM NUMBER: 14759754 MAIL ADDRESS: STREET 1: 54 LEDYARD CITY: WEST HARTFORD STATE: CT ZIP: 06117 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2014-04-11 1 0000096885 TEL INSTRUMENT ELECTRONICS CORP tik 0001599510 Dowling Vincent J. Jr 54 LEDYARD WEST HARTFORD CT 06117 0 0 1 0 Common Stock Warrant 3.35 2014-04-11 4 J 0 50000 3.35 D 2012-07-26 2019-09-10 Common Stock, par value, $0.10 per share 50000 50000 D Warrant(W) amended 4/11/14,Holder(H) shall not be entitled to exercise his (W)on an exercise date (ED),in connection with that # of shrs of Common Stock (CS) which would be in excess of the sum of(I) #of shrs of CS beneficially owned by H& affiliates on an ED &(ii)the # of shrs of CS issuable upon exercise of W with respect to which the determination of this limitation is being made on an ED, which would result in beneficial ownership by H &affiliates of more than 9.99% outstanding shrs of CS on such date.For purposes of immediately preceding sentence,beneficial ownership determined in accordance with Sec.13(d) of 1934 Act & Rule13d-3 thereunder.Subj to the foregoing,H shall not be limited to aggregate exercises which result in issuance of more than 9.99%. Restriction described here may be waived, in whole or in part, upon 61 days'prior notice from H to Co to increase such %. H may decide whether to exercise this W to achieve an actual 9.99% or increase ownership described above. Original warrant issued 7/26/12. Warrant amended 4/11/14 Warrants continue to be beneficially owned, restrictions on exercise. The warrants are held by Millenium Trust Company, LLC Custodian FBO Vincent J. Dowling, Jr., Roth IRA. Mr. Dowling has sole beneficial ownership of such shares. Vincent J. Dowling, Jr 2014-04-11