4//SEC Filing
MALLYA VIJAY 4
Accession 0000897101-03-000997
CIK 0000919134other
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 2:52 PM ET
Size
6.5 KB
Accession
0000897101-03-000997
Insider Transaction Report
Form 4
MALLYA VIJAY
DirectorChief Executive Officer10% Owner
Transactions
- Other
Convertible Note
2003-08-14+0(indirect: See footnote.)Exercise: $1.50From: 2003-08-14→ Common Stock (0 underlying)
Footnotes (3)
- [F1]Pursuant to a Third Amendment to Extension of Term of Notes Under Master Line of Credit Agreement dated August 14, 2003 (the "Amendment"), between the Issuer and United Breweries of America, Inc.("UBA"), the terms of all of the promissory notes (the "Notes") issued pursuant to the Master Loan Agreement, as amended, between the Issuer and UBA have been extended until August 14, 2004. Unless the Notes are repaid prior to August 14, 2004, they will continue to earn interest until that date. This increase in the period of time during which the Notes will earn interest may cause an increase in the number of shares of the Issuer's Common Stock which may be purchased upon UBA's conversion of the Notes. As of June 30, 2003, the outstanding principal on the Notes was $1,515,371, which corresponds to the right to purchase 1,010,247 shares of Common Stock, and the outstanding interest was $364,200, which corresponds to the right to purchase 242,800 shares of Common S
- [F2]The Reporting Person may be deemed to be the majority beneficial owner of UBA, the recordholder of the Issuer's Convertible Notes. UBA is owned by a foreign corporation, the shares of which are controlled by fiduciaries who may exercise discretion in favor of the Reporting Person amongst others.
- [F3]N/A
Documents
Issuer
MENDOCINO BREWING CO INC
CIK 0000919134
Entity typeother
Related Parties
1- filerCIK 0001048727
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 2:52 PM ET
- Size
- 6.5 KB