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SOLN Southern Company

56.16
0.00 (0.00%)
06 Dec 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Southern Company NYSE:SOLN NYSE Trust
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 56.16 0 00:00:00

Statement of Changes in Beneficial Ownership (4)

14/01/2021 4:25pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Lugassy Avy
2. Issuer Name and Ticker or Trading Symbol

MobileSmith, Inc. [ MOST ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

106 CHEMIN DES HAUTS CRETS, 1253
3. Date of Earliest Transaction (MM/DD/YYYY)

12/21/2020
(Street)

VANDOEUVRES, GENEVA, V8 00000
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Series A Convertible Preferred Shares  (1)12/23/2020  J (2)  433008     (3) (4)Common Shares 12990240 $42.90 441164 I Reporting Person beneficially owns or controls entities that own the derivative securities 
Series A Convertible Preferred Shares  (1)12/21/2020  P   8156     (3) (4)Common Shares 244680 $42.9 8156 I Reporting Person beneficially owns or controls entities that own the derivative securities 
Series A Convertible Preferred Shares  (1)1/13/2021  P   10723     (3) (4)Common Shares 321690 $42.9 451887 I Reporting Person beneficially owns or controls entities that own the derivative securities 

Explanation of Responses:
(1) Each share of Series A Convertible Preferred convert into 30 shares of common stock
(2) 433,008 shares of Series A Convertible Preferred stock have been issued in exchange of $18,576,007 of face value of debt securities, including accrued interest. Of $18,576,007 in debt exchanged, $17,211,007 was convertible and $1,365,000 was non-convertible.
(3) Series A Preferred are convertible at the option of the holder
(4) The preferred shares are perpetual

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Lugassy Avy
106 CHEMIN DES HAUTS CRETS, 1253
VANDOEUVRES, GENEVA, V8 00000

X


Signatures
/s/ Avy Lugassy1/14/2021
**Signature of Reporting PersonDate

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