UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Series B-1 Convertible Preferred Shares (1) | 05/23/2018 | Â (2) | Common stock, par value $0.0001 per share | 950,083 (3) | $ 3.6 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Micron Technology Development Ltd UNIT 1903, 19/F, TOWER 2, LIPPO CENTRE NO. 89 QUEENSWAY HONG KONGÂ |
 |  X |  |  |
/s/ Chen Hao | 04/02/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Series B-1 convertible preferred stock is convertible into common stock at any time into such number of fully paid and non-assessable shares of Common Stock as is determined by dividing the Series B-1 original issue price by the Series B-1 conversion price in effect at the time of conversion, subject to the limitation described in note 3 below. |
(2) | The Series B-1 convertible preferred stock has no expiration date. |
(3) | Represents the number of shares of the issuer's common stock issuable upon conversion of Series B-1 convertible preferred stock as of the date hereof. Reporting Person does not have the right to convert any portion of the Series B-1 convertible preferred stock to the extent that after giving effect to such conversion, the Reporting Person would beneficially own in excess of 19.99% of the Issuer's outstanding shares of common stock. |