SOLOMON TECHNOLOGIES INC 4
4 · SOLOMON TECHNOLOGIES INC · Filed Oct 2, 2007
Insider Transaction Report
Form 4
DAmelio Michael A
DirectorSecretary10% Owner
Transactions
- Purchase
Senior Secured Notes
2007-09-28$100.00/sh→ 2,340,375 total(indirect: See Footnotes)Exercise: $0.35From: 2007-09-28Exp: 2008-09-08→ Common Stock, par value $0.001 per shares (2,340,375 underlying)
Footnotes (2)
- [F1]Jezebel Management Corp. ("Jezebel") purchased the right to convert $695,400 aggregate principal amount of senior secured notes held by it plus $123,731.53 of accrued interest thereon as of September 30, 2007, into common stock at any time until the maturity date of the senior secured notes, which is currently September 7, 2008.
- [F2]These shares are owned by Jezebel. The Reporting Person is a partner in Jezebel. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.