REFOCUS GROUP INC 4
4 · REFOCUS GROUP INC · Filed Mar 3, 2005
Insider Transaction Report
Form 4
REFOCUS GROUP INCRFCG.OB
WALTS TERENCE A
DirectorPresident & CEO
Transactions
- Award
Warrant (right to buy)
2005-03-01+25,000→ 25,000 totalExercise: $0.22Exp: 2009-10-08→ Common Stock (25,000 underlying) - Other
Common Stock
2005-03-01$0.25/sh+104,734$26,184→ 217,234 total - Other
Common Stock
2005-03-01$0.25/sh+41,893$10,473→ 41,893 total(indirect: By Spouse) - Award
Warrant (right to buy)
2005-03-01+10,000→ 10,000 total(indirect: By Spouse)Exercise: $0.22Exp: 2009-10-08→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Represents shares of common stock acquired upon the conversion of a convertible promissory note, which note converted by its terms into shares of common stock. The conversion price of the convertible promissory note was not fixed until March 1, 2005.
- [F2]The exercise price of this Warrant was not fixed until March 1, 2005.
- [F3]This Warrant was issued as additional consideration for making the loan evidenced by the convertible promissory note described in (1).