HOWARD ROBERT 5/A
5/A · ICAD INC · Filed Jun 22, 2006
Insider Transaction Report
Form 5/AAmended
ICAD INCicad
HOWARD ROBERT
10% Owner
Transactions
- Gift
Common Stock
2005-01-17−81,000→ 2,872,163 total - Disposition to Issuer
Convertible Revolving Credit Promissory Note
2005-12-31$41094.00/sh−41,094$1,688,716,836→ 108,906 totalExercise: $6.22From: 2003-11-18→ Commnon Stock (6,611 underlying)
Holdings
- 20,000(indirect: By Spouse)
Common Stock
- 2,000,000(indirect: By RH Research)
Common Stock
Footnotes (4)
- [F1]The exercise price of the Convertible Revolving Credit Promissory Note (the "Note") is the lesser of (i) the closing sales price of the underlying common stock on the date the funds under the Note were advanced to the issuer ($6.216 as noted above) 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 a portion of the Note prior to any conversion of the Note.
- [F3]The Note does not have an expiration date.
- [F4]The number of shares reported as issuable upon exercise of the Note is based dupon the $6,216 per share conversion price. The number of shares is subject to increase pursant to the terms of the Note as discussed in footnote (1) above.