Initial Statement of Beneficial Ownership (3)
19 Novembre 2020 - 10:02PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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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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1. Name and Address of Reporting Person
*
Nantahala Capital Partners II Limited Partnership |
2. Date of Event Requiring Statement (MM/DD/YYYY)
11/12/2020
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3. Issuer Name and Ticker or Trading Symbol
IMAGEWARE SYSTEMS INC [IWSY]
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(Last)
(First)
(Middle)
130 MAIN ST. 2ND FLOOR |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director ___X___ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Street)
NEW CANAAN, CT 06840
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 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 Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 1281131 | D (1) | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Series D Convertible Preferred Stock | (2) | (2) | Common Stock | 46996569 | $.0583 | D (1) | |
Explanation of Responses: |
(1) | Nantahala Capital Partners II Limited Partnership ("NCP II") holds these shares of ImageWare Systems, Inc. ("ImageWare") common stock ("Common Stock") and Series D Convertible Preferred Stock ("Series D Preferred Stock") disclosed in this Form 3. Nantahala Capital Management, LLC ("NCM") exercises investment and voting power over these shares of Common Stock and Series C Preferred Stock, and NCP II disclaims beneficial ownership of these shares. |
(2) | Series D Preferred Stock is convertible to Common Stock at the option of the holder at any time following three months from the acquisition date, or at the option of ImageWare upon the satisfaction of certain conditions. Series D Preferred Stock does not expire but is subject to certain redemption rights. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Nantahala Capital Partners II Limited Partnership 130 MAIN ST. 2ND FLOOR NEW CANAAN, CT 06840 |
| X |
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Signatures
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/s/ Paul E. Rehm, Chief Compliance Officer, By: Nantahala Capital Management, LLC, Its General Partner | | 11/19/2020 |
**Signature of Reporting Person | Date |
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