4//SEC Filing
NEWS COMMUNICATIONS INC 4
Accession 0000900184-05-000020
CIK 0000794487operating
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 7:29 PM ET
Size
13.3 KB
Accession
0000900184-05-000020
Insider Transaction Report
Form 4
DAVIS J MORTON
10% Owner
Transactions
- Conversion
Common Stock
2005-02-15$0.70/sh+375,139$262,597→ 2,830,139 total(indirect: By Blair Investment) - Conversion
8% Convertible Note
2005-02-15$262597.00/sh−262,597$68,957,184,409→ 0 total(indirect: By Blair Investment)Exercise: $0.70→ Common Stock (375,139 underlying)
Holdings
- 129,567
Common Stock
- 711,633(indirect: By Spouse)
Common Stock
- 5,900(indirect: By Blair Investment)
$10.00 Convertible Preferred Stock
Exercise: $2.41→ Common Stock (24,506 underlying) - 150,000(indirect: By Blair Investment)
Warrant
Exercise: $1.00Exp: 2006-06-04→ Common Stock (150,000 underlying) - 126,000(indirect: By Spouse)
Convertible Note
Exercise: $0.70Exp: 2006-07-20→ Common Stock (180,000 underlying)
Footnotes (5)
- [F1]Exercisable immediately
- [F2]Was converted.
- [F3]No expiration
- [F4]These transactions were made by D.H. Blair Investment Banking Corp. ("Blair Investment"), a broker-dealer owned by J. Morton Davis, who is Chairman.
- [F5]Rosalind Davidowitz is Mr. Davis' wife, and this statement shall not be deemed an admission that Mr. Davis is the beneficial owner of such securities for purposes of Section 16 or any other purpose. Mr. Davis expressly disclaims beneficial ownership of these securities.
Documents
Issuer
NEWS COMMUNICATIONS INC
CIK 0000794487
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000794487
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 7:29 PM ET
- Size
- 13.3 KB