SEC Form 4
FORM 4 UNITED 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
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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*
Barish Michael S

(Last) (First) (Middle)
2401 EAST SECOND AVENUE
SUITE 400

(Street)
DENVER CO 80206

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AeroGrow International, Inc. [ AERO.OB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/11/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. 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)
Code V Amount (A) or (D) Price
Common Stock(2) 04/11/2012 M 3,877,778 A $0.09 3,987,014 D(6)
Common Stock(2) 04/11/2012 M 588,889 A $0.09 618,318 I Owned by Spouse
Common Stock(1) 04/11/2012 M 13,417,308 A $0.025 17,404,322 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Convertible Note $0.025 04/11/2012 M 335,432.68 (3) 05/06/2013 Common Stock 13,417,308 (1) 0 D
Series A Preferred Stock $0.09 04/11/2012 M 349 06/30/2009 (4) Common Stock 3,877,778 (2) 0 D
Common Stock Warrants $0.07 04/11/2012 A 2,900,001 04/11/2012 04/11/2017 Common Stock 2,900,001 (5) 5,964,001 D
Series A Preferred Warrant $1,250 04/11/2012 D 174 06/30/2009 06/30/2014 Series A Preferred 174 (5) 0(6) D
Series A Preferred stock $0.09 04/11/2012 M 53 06/30/2009 (4) Common Stock 588,889(2) (2) 0 I Owned by Spouse
Series A Preferred Warrants $1,250 04/11/2012 M 27 06/30/2009 06/30/2014 Series A Preferred 27 (5) 0 I Owned by Spouse
Explanation of Responses:
1. As part of a restructuring of the Issuers capital accounts, Mr. Barish converted Convertible Notes, comprising $306,235.44 in principal and $29,197.24 in accrued interest outstanding, into Common Stock of the Issuer. As part of the restructuring, the conversion price was reduced from the original $0.10 per share of Common Stock to $0.025 per share of Common Stock for all holders of the Convertible Notes, including the Reporting Person. Pursuant to Rule 16b-3(d), the restructuring and the conversion were approved by the Issuers Board of Directors.
2. As part of a restructuring of the Issuers capital accounts, Mr. Barish converted Series A Preferred Stock into Common Stock of the Issuer. As part of the restructuring, the conversion price was reduced from $0.18 per share of Common Stock to $0.09 per share of Common Stock for all holders of the Series A Preferred Stock, including the Reporting Person. Pursuant to Rule 16b-3(d), the restructuring and the conversion were approved by the Issuers Board of Directors. Various. The Date Exercisable of the Convertible Notes ranged from 05/06/2010 to 01/31/2011.
3. Various. The Date Exercisable of the Convertible Notes ranged from 05/06/2010 to 01/31/2011.
4. The Series A Preferred Stock had no expiration date.
5. As part of a restructuring of the Issuers capital accounts, the Issuer issued Common Stock Warrants in exchange for all outstanding Series A Preferred Warrants, including those held by the Reporting Person. Pursuant to Rule 16b-3(d), the restructuring and the warrant exchange were approved by the Issuers Board of Directors.
6. Includes Shares held in an IRA Rollover Account
Kimberly Westmoreland, Attorney in Fact 04/13/2012
** Signature of Reporting Person Date
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).
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