0001415889-15-000477.txt : 20150210 0001415889-15-000477.hdr.sgml : 20150210 20150210183142 ACCESSION NUMBER: 0001415889-15-000477 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150206 FILED AS OF DATE: 20150210 DATE AS OF CHANGE: 20150210 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: IMAGEWARE SYSTEMS INC CENTRAL INDEX KEY: 0000941685 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 330224167 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10815 RANCHO BERNARDO RD., STREET 2: SUITE 310 CITY: SAN DIEGO STATE: CA ZIP: 92127 BUSINESS PHONE: 8586738600 MAIL ADDRESS: STREET 1: 10815 RANCHO BERNARDO RD., STREET 2: SUITE 310 CITY: SAN DIEGO STATE: CA ZIP: 92127 FORMER COMPANY: FORMER CONFORMED NAME: IMAGEWARE SOFTWARE INC DATE OF NAME CHANGE: 19991123 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GOLDMAN NEAL I CENTRAL INDEX KEY: 0001182567 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15757 FILM NUMBER: 15595530 4 1 form4-02102015_030233.xml X0306 4 2015-02-06 0000941685 IMAGEWARE SYSTEMS INC IWSY 0001182567 GOLDMAN NEAL I 767 3RD AVENUE 25TH FLOOR NEW YORK NY 10017 true false true false Series E Convertible Preferred Stock 1.90 2015-02-06 4 P 0 300 1000 A 2015-02-06 Common Stock 157894 300 D Series E Preferred Convertible Stock 1.90 2015-02-06 4 A 0 1978 A 2015-02-06 Common Stock 1041052 2278 D The Series E Convertible Preferred Stock remains convertible so long as the shares remain issued and outstanding. Each share of Series E Convertible Preferred Stock has a liquidation preference of $1,000 per share ("Liquidation Preference"), and is convertible, at the option of the holder, into that number of shares of the Issuer's common stock equal to the Liquidation Preference, divided by $1.90. The Reporting Person cancelled approximately $1.978 million of the outstanding balance under the $5.0 million convertible line of credit, as amended, first entered into by the Reporting Person and the Issuer on March 27, 2013 (the "Line of Credit"), in exchange for 1,978 shares of the Issuer's Series E Convertible Preferred Stock in an issuer exchange offer. /s/ Neal I. Goldman 2015-02-10