HOWARD ROBERT 4
4 · ICAD INC · Filed Dec 27, 2004
Insider Transaction Report
Form 4
ICAD INCicad
HOWARD ROBERT
10% Owner
Transactions
- Gift
Common Stock
2004-06-28−33,700→ 2,953,163 total - Disposition to Issuer
Convertible Revolving Credit Promissory Note
2004-12-22$500000.00/sh−500,000$250,000,000,000→ 0 totalExercise: $3.24From: 2003-09-18→ Common Stock (154,321 underlying) - Disposition to Issuer
Convertible Revolving Credit Promissory Note
2004-12-22$275000.00/sh−275,000$75,625,000,000→ 0 totalExercise: $2.18From: 2003-07-18→ Common Stock (126,147 underlying) - Disposition to Issuer
Convertible Revolving Credit Promissory Note
2004-12-22$200000.00/sh−200,000$40,000,000,000→ 0 totalExercise: $2.50From: 2002-06-06→ Common Stock (80,000 underlying) - Disposition to Issuer
Convertible Revolving Credit Promissory Note
2004-12-22$400000.00/sh−400,000$160,000,000,000→ 0 totalExercise: $2.09From: 2003-06-27→ Common Stock (191,388 underlying) - Disposition to Issuer
Convertible Revolving Credit Promissory Note
2004-12-22$30000.00/sh−30,000$900,000,000→ 0 totalExercise: $2.28From: 2003-04-22→ Common Stock (13,158 underlying) - Gift
Common Stock
2004-01-15−100,000→ 2,986,863 total - Disposition to Issuer
Convertible Revolving Credit Promissory Note
2004-12-22$125000.00/sh−125,000$15,625,000,000→ 0 totalExercise: $2.80From: 2003-08-01→ Common Stock (44,643 underlying) - Disposition to Issuer
Convertible Revolving Credit Promissory Note
2004-12-22$1000000.00/sh−1,000,000$1,000,000,000,000→ 0 totalExercise: $3.18From: 2003-09-11→ Common Stock (314,465 underlying) - Disposition to Issuer
Convertible Revolving Credit Promissory Note
2004-12-22$150000.00/sh−150,000$22,500,000,000→ 0 totalExercise: $3.71From: 2003-10-21→ Common Stock (40,431 underlying) - Disposition to Issuer
Convertible Revolving Credit Promissory Note
2004-12-22$50000.00/sh−50,000$2,500,000,000→ 0 totalExercise: $4.93From: 2003-11-04→ Common Stock (10,143 underlying)
Holdings
- 2,000,000(indirect: By RH Research)
Common Stock
- 20,000(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]The exercise price of each of the Convertible Revolving Credit Promissory Notes (the "Notes") is the lesser of: (i) the closing sale price of the underlying common stock on the date the funds under each Note were advanced to the issuer (which is the conversion price noted in column 2) or (ii) the closing sale price of the common stock on the business day immediately preceding the conversion date of the Note.
- [F2]The reported transaction reflects the repayment by the issuer of the Notes prior to any convesion of the Notes.
- [F3]The Notes do not have expiration dates.
- [F4]The number of shares reported as issuable upon exercise of the Notes is based upon the per share conversion price established on the date the funds under the Notes were advanced by the reporting person to the issuer. The number of shares issuable upon conversion of the Notes is subject to increase pursuant to the terms of the notes as discussed in footnote (1) above.