X0206 3 2015-12-31-07:00 0 0001388486 Spotlight Innovation, Inc. STLT 0001668539 Krohn John Michael 11147 AURORA AVENUE BUILDING 3 URBANDALE IA 50322 true false true false Common Stock 722219 D Common Stock 3017676 I By LLC Warrant 1.29 2013-01-17-07:00 2017-03-24-06:00 Common Stock 31641 D Warrant 1.29 2013-01-17-07:00 2017-03-24-06:00 Common Stock 31641 D Warrant 1.29 2013-04-28-06:00 2017-03-24-06:00 Common Stock 63282 D Warrant 1.29 2013-08-02-06:00 2017-03-24-06:00 Common Stock 31641 D Warrant 1.29 2013-08-15-06:00 2017-03-24-06:00 Common Stock 31641 D Warrant 1.29 2013-11-20-07:00 2017-03-24-06:00 Common Stock 31641 D Option 0.61 2016-02-24-07:00 2018-02-24-07:00 Common Stock 75000 D 8% Convertible Note 0 2015-12-31-07:00 Common Stock 1666667 I By LLC Warrant 1.46 2016-10-18-06:00 2019-12-31-07:00 Common Stock 180000 I By LLC Warrant 1.00 2016-10-18-06:00 2019-12-31-07:00 Common Stock 150000 I By LLC Warrant 1.00 2016-10-18-06:00 2019-12-31-07:00 Common Stock 250000 I By LLC Warrant 1.25 2016-10-18-06:00 2019-12-31-07:00 Common Stock 100000 I By LLC Based on 50% of total held by K-4 Enterprises, LLC ("K4"), which represents the 50% equity ownership interest held by the Reporting Person. The Reporting Person is the Managing Member of K-4 and in such capacity holds voting and dispositive power over the securities held by such entity. 25,000 of such options, or 1/3, vested upon issuance on February 24, 2016, and the remaining 50,000, or 2/3, shall vest equally in one-third increments over the following two years on each of February 24, 2017 and February 24, 2018 This number is rounded to the nearest whole number. Represents 50% of the total number of shares (3,333,333) issuable upon conversion of an 8% convertible promissory note, in the principal amount of $2,500,000, owned by K-4 (the "Note"). The Note, originally issued on December 31, 2015, was subsequently amended and restated pursuant to that certain Forbearance and Refinancing Agreement dated October 18, 2016 (the "Refinanced Noted"). The Refinanced Note is convertible only in those circumstances described in the Refinanced Note. The Maturity Date as defined in the Refinanced Note is December 31, 2021. The number of shares reported as securities underlying the Refinanced Note does not include shares issuable upon conversion of accrued interest. The Reporting Person is the Managing Member of K-4 and in such capacity holds voting and dispositive power over the securities held by such entity. Based on 50% of total held by K-4, which represents the 50% equity ownership interest held by the Reporting Person. /s/ John M. Krohn 2016-12-09-07:00