Jassem Kathy M 4
4 · PILLARSTONE CAPITAL REIT · Filed Apr 1, 2019
Insider Transaction Report
Form 4
Jassem Kathy M
Director
Transactions
- Purchase
Class C Convertible Preferred Stock
2019-03-29$4.00/sh+2,500$10,000→ 2,500 totalExercise: $1.00From: 2019-03-29→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]The Class C Convertible Preferred Stock is convertible, at the option of the Reporting Person, at any time without the payment of any additional consideration. The number of common shares for which each share of Class C Convertible Preferred Stock is convertible is determined by dividing the sum of $10.00 and any accrued and unpaid dividends by $1.00. As of March 29, 2019, the Class C Convertible Preferred Stock held by the Reporting Person is convertible into 25,000 common shares of the Issuer.
- [F2]The Class C Convertible Preferred Stock is convertible at any time, at the Reporting Person's election, and has no expiration date.