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4//SEC Filing

SOLOMON TECHNOLOGIES INC 4

Accession 0000908230-07-000174

CIK 0001240722operating

Filed

Oct 1, 8:00 PM ET

Accepted

Oct 2, 12:28 PM ET

Size

6.3 KB

Accession

0000908230-07-000174

Insider Transaction Report

Form 4
Period: 2007-09-28
DAmelio Michael A
DirectorSecretary10% Owner
Transactions
  • Purchase

    Senior Secured Notes

    2007-09-28$100.00/sh2,340,375 total(indirect: See Footnotes)
    Exercise: $0.35From: 2007-09-28Exp: 2008-09-08Common 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.

Issuer

SOLOMON TECHNOLOGIES INC

CIK 0001240722

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001240722

Filing Metadata

Form type
4
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 12:28 PM ET
Size
6.3 KB