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Murdock Thomas A – ‘4’ for 3/24/08 re: Fonix Corp.

On:  Monday, 6/9/08, at 1:06pm ET   ·   For:  3/24/08   ·   As:  Other   ·   Accession #:  1179110-8-11666   ·   File #:  0-23862

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/09/08  Murdock Thomas A                  4          Other       1:14K  Fonix Corp.                       Section16 Direct/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML     14K 
                Securities by an Insider -- edgar.xml/2.2                        




        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 

 
SEC Info rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider
 
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MURDOCK THOMAS A

(Last)(First)(Middle)
4582 JUPITER DRIVE

(Street)
SALT LAKE CITYUT84124

(City)(State)(Zip)
2. Issuer Name and Ticker or Trading Symbol
FONIX CORP [ FNIX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below)XOther (specify below)
Former Director and Officer
3. Date of Earliest Transaction (Month/Day/Year)
3/24/08
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction 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)
CodeVAmount(A) or (D)Price
Common Stock (1) (2) 3/24/08 C 53,913,701 (5)A$0.0002 (5)53,953,772 (4)D
Common Stock (1) (2) 5/5/08 S 7,930,000D$0.000246,023,772 (4)D
Common Stock (2) 5/21/08 S 1,980,000D$0.000244,043,772 (4)D
Common Stock (2) 6/4/08 S 12,870,000D$0.000131,173,772 (4)D
Common Stock 6/5/08 S 4,950,000D$0.000126,223,772 (4)D
Common Stock 6/6/08 S 7,684,709D$0.000218,539,063 (4)D
Common Stock 6/9/08 S 990,000D$0.000217,549,063 (4)D
Common Stock 6/9/08 S 990,000D$0.000216,559,063 (4)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. 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: 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
Convertible Promissory Note (1) (2)$0.0002 (3) (5) 3/24/08 C 53,913,701 (5) 12/12/03 (2)Common Stock53,913,701 (5) (5)$350,482 (4)D
Explanation of Responses:
(1)  On March 5, 2008, Mr. Murdock resigned as Chairman of the Board, President, and Chief Executive Officer of Fonix Corporation.
(2)  As of May 5, 2008, Fonix Corporation owed $350,482 to Mr. Murdock pursuant to a revolving convertible promissory note (the "Note"). As of June 5, 2008, Fonix owed $356,881 to Mr. Murdock under the Note. The principal amount of the Note, together with any accrued and unpaid interest thereon, became convertible into shares of Common Stock of Fonix Corporation on December 12, 2003. There is no expiration of the conversion rights.
(3)  The conversion price of the Note was the average of the closing bid price on the date of the advances under the Note. However, to the extent that the market of Fonix's common stock is below the conversion price at the time of conversion, Mr. Murdock is entitled to receive additional shares of common stock up to the gross dollar value of the principal and interest on the Note based on the market price at the time of conversion. As such, the conversion price is equal to the market price on the date of conversion.
(4)  Because the conversion price of the Note is based, in part, on the market price of Fonix's common stock, the actual number of shares issuable upon conversion cannot be determined until conversion. However, as of June 5, 2008, the conversion of principal and unpaid interest on the Note (irrespective of limitations on conversion contained in the Note) would have resulted in the issuance of 1,784,405,000 shares of common stock. Nevertheless, this number may change depending on the market price of Fonix common stock at the time of conversion, as well as on the amount of principal and unpaid interest on the Note.
(5)  On March 24, 2008, Mr. Murdock converted $10,081.86 in accrued interest under the Note into 53,913,701 shares of Fonix Common Stock at a conversion price of approximately $0.000189 per share. As such, the transaction was a disposition of $10,081.86 under the Note, and the acquisition of the shares.
Remarks:
See Note 1 regarding Mr. Murdock's reporting status.
Thomas A. Murdock 6/9/08
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.
____________
Transaction Codes:
    C    Conversion of derivative security.
    S    Open market or private sale of non-derivative or derivative security.

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Filing Submission 0001179110-08-011666   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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