TRANS LUX CORP 4
4 · TRANS LUX CORP · Filed Aug 16, 2013
Insider Transaction Report
Form 4
TRANS LUX CORPTNLX
ELSER MARCO M
Director
Transactions
- Conversion
Common Stock
2013-08-14$0.20/sh+90,000$18,000→ 705,000 total(indirect: Manager of the accounts.) - Conversion
B Warrants
2013-08-14$0.50/sh+90,000$45,000→ 90,000 total(indirect: Manager of the accounts.)Exercise: $0.50From: 2013-08-14Exp: 2014-11-14→ Common Stock (90,000 underlying) - Conversion
A Warrants
2013-08-14$0.20/sh−90,000$18,000→ 0 total(indirect: Manager of the accounts.)Exercise: $0.20From: 2011-11-14Exp: 2013-09-13→ Common Stock (90,000 underlying)
Footnotes (3)
- [F1]302,500 of which are owned by Elser & Co., of which I exercise voting and dispositive rights as the account manager, but disclaim any beneficial ownership. 342,500 of which are owned by Carlisle Investments, of which I exercise voting and dispositive rights as the account manager, but disclaim any beneficial ownership. 60,000 of which are owned by AdviCorp plc, of which I exercise voting and dispositive rights as the account manager, and own 50% of the equity of AdviCorp plc. No change in ownership on behalf of AdviCorp plc is being reported in this Form 4.
- [F2]40,000 of which are owned by Elser & Co., of which I exercise voting and dispositive rights as the account manager, but disclaim any beneficial ownership. 50,000 of which are owned by Carlisle Investments, of which I exercise voting and dispositive rights as the account manager, but disclaim any beneficial ownership.
- [F3]Each B Warrant entitles the holder to purchase one share of Common Stock, at an exercise price of $0.50 per share.