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) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Series B Voting, Convertible Preferred Stock
(1)
|
Â
(2)
|
Â
(2)
|
Common Stock
|
432,686,640
|
$
(2)
|
D
|
Â
|
* |
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) |
On January 26, 2015, pursuant to a securities purchase agreement with Concierge Technologies, Inc. (the ?Company?), Nicholas and Melinda Gerber Living Trust acquired 21,634,332 shares of Series B Voting, Convertible Preferred Stock. |
(2) |
Each share of the Series B Voting, Convertible Preferred Stock is convertible into 20 shares of common stock at any time (except as restricted below), at the holder?s election, and has no expiration date. A holder of shares of Series B Voting, Convertible Preferred Stock may not exercise its conversion rights until after 270 days after the date of issuance of the shares and, if exercised, must be exercised with regard to all shares of the series held by such holder and, provided further, no conversion shall take place until the Company has amended its Articles of Incorporation to ensure there are authorized shares of common stock at least sufficient to allow all shares of this Series to be converted into common stock. |