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JENNIFER CONVERTIBLES INC 4

Accession 0000905870-04-000028

CIK 0000806817operating

Filed

Dec 15, 7:00 PM ET

Accepted

Dec 16, 11:26 AM ET

Size

13.9 KB

Accession

0000905870-04-000028

Insider Transaction Report

Form 4
Period: 2004-12-15
Transactions
  • Other

    Series A Convertible Preferred Stock

    2004-12-15$712.25/sh2,106$1,499,99910,000 total
    Exercise: $3.51From: 2004-12-15Exp: 2009-11-30Common Stock (300,000 underlying)
Transactions
  • Other

    Series A Convertible Preferred Stock

    2004-12-15$712.25/sh2,106$1,499,99910,000 total
    Exercise: $3.51From: 2004-12-15Exp: 2009-11-30Common Stock (300,000 underlying)
Transactions
  • Other

    Series A Convertible Preferred Stock

    2004-12-15$712.25/sh2,106$1,499,99910,000 total
    Exercise: $3.51From: 2004-12-15Exp: 2009-11-30Common Stock (300,000 underlying)
Transactions
  • Other

    Series A Convertible Preferred Stock

    2004-12-15$712.25/sh2,106$1,499,99910,000 total
    Exercise: $3.51From: 2004-12-15Exp: 2009-11-30Common Stock (300,000 underlying)
Footnotes (2)
  • [F1](1) On December 15, 2004 Klaussner Furniture Industries, Inc. granted to Harley J. Greenfield, the President and Chief Executive Officer of Jennifer Convertibles, Inc., an option to purchase 2,106 shares of Series A Convertible Preferred Stock of Jennifer Convertibles, Inc. for $ 712.25 per share. These 2,106 shares of Series A Preferred Stock are convertible into 300,000 shares of Jennifer Convertibles, Inc. Common Stock and, accordingly, the exercise price of the option is the equivalent of $5.00 per share of the underlying stock.
  • [F2](2) 10,000 shares of Series A Convertible Preferred Stock (without reduction for shares subject to the option described above).

Issuer

JENNIFER CONVERTIBLES INC

CIK 0000806817

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000806817

Filing Metadata

Form type
4
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 11:26 AM ET
Size
13.9 KB