FANNING JOHN C 5
5 · COMFORCE CORP · Filed Feb 17, 2009
Insider Transaction Report
Form 5
FANNING JOHN C
DirectorChairman & CEO10% Owner
Transactions
- Gift
Common Stock
2008-09-29−24,200→ 4,745,097 total - Other
8% Convertible Note
2008-12-01$56338.00/sh+56,339$3,174,026,582→ 1,464,803 total(indirect: By Trust)Exercise: $1.70From: 2008-12-01Exp: 2009-12-02→ Common or Preferred Stock (33,141 underlying) - Gift
Common Stock
2008-09-29+24,200→ 4,745,097 total(indirect: By Trust)
Footnotes (1)
- [F1]The amount in column 5 represents the dollar amount of paid-in-kind (PIK) interest. The 8% Convertible Notes are convertible into common shares at $1.70 per share or, in certain circumstances, into shares of an equivalent non-voting preferred stock to be created which, in turn, is convertible into common shares on the same basis. The number of shares indicated in column 7 is the ultimate number of shares of common stock in respect of the reported transaction into which the 8% Convertible Notes are convertible at the stated conversion rate.