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4//SEC Filing

iVOW, Inc. 4

Accession 0000906344-06-000365

CIK 0001035181operating

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 8:47 PM ET

Size

9.0 KB

Accession

0000906344-06-000365

Insider Transaction Report

Form 4
Period: 2006-06-27
TONEY C FRED
Director10% Owner
Transactions
  • Conversion

    Warrant to Purchase Common Stock

    2006-06-22$3.00/sh266,666$799,9980 total(indirect: See footnotes)
    Exercise: $1.40From: 2005-07-26Exp: 2010-07-26Common Stock (266,666 underlying)
  • Conversion

    Common Stock

    2006-06-27$1.40/sh+266,666$373,332870,924 total(indirect: See footnotes)
Footnotes (4)
  • [F1]The securities reported on this Form are held by: (i) MedCap Partners, L.P.; and (ii) an offshore investment limited partnership (collectively, the "Partnerships"). MedCap Management & Research LLC ("MMR"), a registered investment advisor, is the general partner and investment manager of the Partnerships. C. Fred Toney, the reporting person, is the managing member of MMR. Each of Mr. Toney and MMR expressly disclaim beneficial ownership in these securities, except to the extent of their pecuniary interest therein.
  • [F2]As a holder of more than 10% of the issuer's common stock for Section 16 purposes, MedCap Partners is separately reporting this transaction in the issuer's securities on a Form 4 filed concurrently herewith. C. Fred Toney was a director of the issuer at the time of the transaction. He resigned from that position on September 20, 2006.
  • [F3]The exercise price of the warrants reported as exercised on this Form 4 was reduced from $3.00 per share to $1.40 per share in connection with an exchange tender offer by the issuer consummated on June 12, 2006.
  • [F4]The warrants reported as exercised on this Form were originally sold to the reporting person as units consiting of 1 share of common stock and a warrant exercisable for 1 share of common stock for a price of $3.00 per unit (on a split-adjusted basis).

Issuer

iVOW, Inc.

CIK 0001035181

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001035181

Filing Metadata

Form type
4
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 8:47 PM ET
Size
9.0 KB