INSCI CORP 4
4 · INSCI CORP · Filed Sep 24, 2004
Insider Transaction Report
Form 4
INSCI CORPINCC
NELSON HENRY F
DirectorPRESIDENT AND CEO
Transactions
- Purchase
Series C Convertible Preferred Stock Par Value $.01
2004-09-20$1.94/sh+51,557$100,000→ 312,779 totalExercise: $0.97→ Common Stock (103,114 underlying) - Other
Series C Convertible Preferred Stock Par Value $.01
2004-03-01$1.94/sh+3,437$6,666→ 261,222 totalExercise: $0.97→ Common Stock (6,874 underlying) - Other
Series C Convertible Preferred Stock Par Value $.01
2004-09-01$1.94/sh+10,506$20,377→ 323,285 totalExercise: $0.97→ Common Stock (21,012 underlying)
Footnotes (6)
- [F1]Shares received as divendend on Series C Convertible Preferred Stock.
- [F2]Exercisable at any time.
- [F3]No expiration date.
- [F4]CSSMK, LLC is the registered owner of the Series C Convertible Preferred Stock. The reporting person, Henry F. Nelson is the member/mamager of CSSMK, LLC and as such, for purposes of Section 16 reporting is deemed to be a beneficial owner of securities held by CSSMK, LLC.
- [F5]Issued 9/22/04 as of 9/20/04.
- [F6]Issued 9/24/04 as of 9/01/04.