Digitalfx International Inc - Amended Statement of Changes in Beneficial Ownership (4/A)
04 Junho 2008 - 4:14PM
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).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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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(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Sperry Tracy
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2. Issuer Name
and
Ticker or Trading Symbol
DigitalFX International Inc
[
DXN
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Acting Chief Financial Officer
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(Last)
(First)
(Middle)
C/O DIGITALFX INTERNATIONAL, INC., 3035 EAST PATRICK LANE, SUITE 9
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3. Date of Earliest Transaction
(MM/DD/YYYY)
5/13/2008
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(Street)
LAS VEGAS, NV 89120
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
5/15/2008
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Option to Purchase Common Stock
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$3.50
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5/13/2008
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D
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10000
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(1)
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2/21/2017
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Common Stock
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10000
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$0
(2)
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0
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D
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Option to Purchase Common Stock
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$3.65
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5/13/2008
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D
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5000
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(3)
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6/28/2017
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Common Stock
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5000
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$0
(4)
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0
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D
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Option to Purchase Common Stock
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$1.21
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5/13/2008
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A
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10000
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(5)
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5/12/2018
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Common Stock
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10000
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$0
(2)
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10000
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D
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Option to Purchase Common Stock
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$1.21
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5/13/2008
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A
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5000
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(6)
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5/12/2018
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Common Stock
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5000
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$0
(4)
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5000
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D
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Option to Purchase Common Stock
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$1.21
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5/13/2008
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A
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10000
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(7)
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5/12/2018
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Common Stock
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10000
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$0
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10000
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D
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Explanation of Responses:
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(
1)
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The option was exercisable as follows: 25% on November 1, 2007 then monthly thereafter on a ratable basis for 36 months.
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(
2)
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The reporting person agreed to cancellation of the option granted to her on February 22, 2007 in exchange for a new option
having a lower exercise price.
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(
3)
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The option was exercisable as follows: 25% on June 29, 2008 then monthly thereafter on a ratable basis for 36 months.
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(
4)
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The reporting person agreed to cancellation of the option granted to her on June 29, 2007 in exchange for a new option having
a lower exercise price.
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(
5)
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The option is exercisable as follows: 37.5% on the date of grant then 2.083% thereafter on a monthly basis commencing on June
1, 2008.
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(
6)
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The option is exercisable as follows: 25% on June 29, 2008 then monthly thereafter on a ratable basis for 36 months.
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(
7)
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The option is exercisable as follows: 25% on the first anniversary of the date of grant, then monthly thereafter on a ratable
basis for 36 months.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Sperry Tracy
C/O DIGITALFX INTERNATIONAL, INC.
3035 EAST PATRICK LANE, SUITE 9
LAS VEGAS, NV 89120
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Acting Chief Financial Officer
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Signatures
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/s/ Tracy Sperry
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6/4/2008
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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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.
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