SDS CAPITAL GROUP SPC LTD 4
4 · SAFLINK CORP · Filed Aug 13, 2004
Insider Transaction Report
Form 4
SAFLINK CORPSFLK
SDS CAPITAL GROUP SPC LTD
10% Owner
Transactions
- Exercise of In-Money
Common Stock, $.01 par value per share
2004-08-06$2.50/sh+430,442$1,076,105→ 7,228,906 total - Award
Common Stock, $.01 par value per share
2004-08-06+581,880→ 7,810,706 total - Award
Common Stock, $.01 par value per share
2004-08-06+1,135,020→ 8,945,726 total - Other
Common Stock Warrant (right to buy)
2001-03-22+8,929→ 8,929 totalExercise: $10.50Exp: 2006-03-22→ Common Stock (8,929 underlying) - Exercise of In-Money
Common Stock, $.01 par value per share
2004-08-06$2.50/sh+903,875$2,259,688→ 6,798,464 total - Exercise of In-Money
Common Stock Warrant (right to buy)
2004-08-06−903,875→ 0 totalExercise: $2.50Exp: 2006-06-05→ Common Stock (903,875 underlying) - Other
Common Stock Warrant (right to buy)
2001-06-05+15,386→ 15,386 totalExercise: $1.30Exp: 2006-06-05→ Common Stock (15,386 underlying) - Exercise of In-Money
Common Stock Warrant (right to buy)
2004-08-06−430,442→ 0 totalExercise: $2.50Exp: 2007-11-27→ Common Stock (430,442 underlying)
Footnotes (7)
- [F1]Issued upon the exercise of a warrant issued on June 5, 2001.
- [F2]SDS Management, LLC is the investment manager of the Reporting Person and has ultimate voting and dispositve power over the securities held by the Reporting Person. The address of SDS Management, LLC is 53 Forest Avenue, 2nd Floor, Old Greenwich, Connecticut 06870.
- [F3]Mr. Steven Derby is the sole managing member of SDS Management, LLC. The address of Mr. Steven Derby is c/o SDS Management, LLC, 53 Forest Avenue, 2nd Floor, Old Greenwich, Connecticut 06870.
- [F4]Issued upon the exercise of a warrant issued on November 27, 2002.
- [F5]Received in exchange for 969,668 shares of SSP Solutions, Inc. common stock in connection with the merger of SSP Solutions, Inc. with and into SAFLINK Corporation.
- [F6]Received in exchange for 1,891,700 shares of SSP Solutions, Inc. common stock issued upon the conversion of 189.17 shares of SSP Solutions, Inc. preferred stock in connection with the merger of SSP Solutions, Inc. with and into SAFLINK Corporation.
- [F7]Immediately