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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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person* Kandikattu Srinivas (Last) (First) (Middle) C/O LENCO MOBILE INC. 2025 FIRST AVENUE, STE 320 (Street) SEATTLE WA 98121 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol LENCO MOBILE INC. [ LNCM ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Technology Officer
	3. Date of Earliest Transaction (Month/Day/Year) 01/31/2012
	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

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
Series A Preferred Stock	$0.25(1)	01/31/2012		A		691(2)		(3)	(4)	Common Stock	276,400(5)	$0.0000	691	D
Stock Option (Right to Buy)	$0.13	03/17/2012		A		1,400,000		(6)	03/17/2022	Common Stock	1,400,000	$0.0000	1,400,000	D
Common Stock Warrant (Right to Buy)	$0.05(7)	08/21/2012		P		12,000(7)		08/21/2012	08/20/2017	Common Stock	12,000	(8)	12,000	D
Series A Preferred Stock	$0.25(1)	12/27/2012		F			254(9)	(3)	(4)	Common Stock	101,600(10)	$108.53	437	D
Stock Option (Right to Buy)	$0.12	03/11/2013		A		1,000,000		03/11/2013	04/12/2022	Common Stock	1,000,000	$0.0000	1,000,000	D

Explanation of Responses:

1. The conversion price is subject to adjustment as provided by the terms of the Series A Preferred Stock. The initial conversion price of $1.50 was adjusted to $0.25 on January 1, 2013.

2. Represents right to acquire shares in lieu of payment of cash bonus pursuant to election under Retention Bonus Agreement dated 12/27/2011, as amended; subject to reporting person's continued employment with the issuer, the shares are vested and deliverable on 12/27/2012.

3. The Series A Preferred Stock is convertible into shares of the issuer's common stock at any time.

4. The Series A Preferred Stock has no expiration date, but is subject to automatic conversion as provided by the terms of such preferred stock.

5. The number of underlying shares is determined by dividing the stated value of Series A Preferred Stock, as adjusted for accreted dividends, by the conversion price. The number of underlying shares shown is based on the initial stated value of $100.00 and the current conversion price of $0.25 per share. As of the transaction date, the adjusted stated value was $107.98 and the conversion price was $1.50 per share; accordingly, the number of underlying shares as of the transation date was 49,745.

6. The option is fully vested and exercisable as of the date of grant (March 17, 2012).

7. Reflects two-for-one adjustment effective 2/15/2013.

8. Warrants issued in connection with acquisition of senior secured notes of the issuer; aggregate consideration for the warrants was $0.20.

9. Shares withheld for payment of taxes on delivery of shares in lieu of retention bonus.

10. The number of underlying shares is determined by dividing the stated value of Series A Preferred Stock, as adjusted for accreted dividends, by the conversion price. The number of underlying shares shown is based on the initial stated value of $100.00 and the current conversion price of $0.25 per share. As of the transaction date, the adjusted stated value was $112.98 and the conversion price was $1.50 per share; accordingly, the number of underlying shares as of the transation date was 19,131.

	/s/ Christopher Stanton, Attorney-in-fact	05/30/2013
	** Signature of Reporting Person	Date
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