BERNARDICH GEORGE S III 4
4 · POWERLINX INC · Filed Apr 7, 2004
Insider Transaction Report
Form 4
POWERLINX INCPWLX
BERNARDICH GEORGE S III
DirectorPresident, CEO, Chairman
Transactions
- Award
Common Stock, $.001 par value
2004-04-05+24,000→ 4,454,400 total - Award
Series A Convertible Preferred
2004-04-05+96,000→ 0 total→ Common Stock (96,000 underlying) - Award
Class B Warrants (right to buy)
2004-04-05+36,000→ 0 totalExp: 2006-05-15→ Common Stock (36,000 underlying)
Holdings
- 0
Option (right to buy)
Exercise: $0.05From: 2003-01-03Exp: 2013-01-03→ Common Stock (2,188,200 underlying)
Footnotes (2)
- [F1]On March 19, 2004, we concluded our series A convertible preferred financing in which we issued 228,190 units consisting of (i) 1,825,520 shares of series A convertible preferred stock; (ii) Class B warrants to purchase 684,570 shares of common stock, and (iii) 456,380 shares of restricted common stock. We received an aggregate total of $1,825,520.
- [F2]Immediately Exercisable