DALTON NATHANIEL 4
4 · ICAD INC · Filed Feb 25, 2020
Insider Transaction Report
Form 4
ICAD INCicad
DALTON NATHANIEL
Director
Transactions
- Conversion
Convertible Debenture
2020-02-21−400,000→ 0 total(indirect: By LLC)Exercise: $4.00From: 2018-12-21Exp: 2021-12-21→ Common Stock (100,000 underlying) - Conversion
Convertible Debenture
2020-02-21−40,000→ 0 total(indirect: By LLC)Exercise: $9.26From: 2020-02-21Exp: 2021-12-21→ Common Stock (4,320 underlying) - Conversion
Common Stock
2020-02-21$4.00/sh+100,000$400,000→ 172,727 total(indirect: By LLC) - Conversion
Common Stock
2020-02-21$9.26/sh+4,320$40,003→ 177,047 total(indirect: By LLC)
Footnotes (2)
- [F1]Represents the shares of common stock issuable upon forced conversion of the outstanding principal amount of the convertible debenture by dividing the outstanding principal amount of the convertible debenture by the conversion rate of $4.00 per share.
- [F2]Represents the shares of common stock issuable as pre-make whole conversion shares by dividing the make whole amount under the convertible debenture by the make whole conversion rate as of February 20, 2020 of $9.26 per shares.