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4//SEC Filing

SILVA JERRY 4

Accession 0000910680-09-000027

CIK 0001330487other

Filed

Jan 13, 7:00 PM ET

Accepted

Jan 14, 9:10 PM ET

Size

8.7 KB

Accession

0000910680-09-000027

Insider Transaction Report

Form 4
Period: 2009-01-12
SILVA JERRY
DirectorChairman and CEO10% Owner
Transactions
  • Award

    Warrants

    2009-01-12+1,300,0001,300,000 total
    Exercise: $1.10Exp: 2014-01-12Common Stock (1,300,000 underlying)
Holdings
  • Common Stock, $0.0001 par value

    (indirect: As Life Tenant)
    4,203,820
  • Common Stock, $0.0001 par value

    (indirect: By Trust)
    166,336
  • Common Stock, $0.0001 par value

    1,850,781
Footnotes (2)
  • [F1]Held by the reporting person as trustee of The Jerry Silva 2007 Annuity Trust.
  • [F2]On January 12, 2009 the Issuer's Board of Directors granted to the reporting person and to Steven C. Silva, jointly, warrants to purchase an aggregate of 1,300,000 shares of the Issuer's common stock. The warrants are exercisable for a five-year period ending January 12, 2014 at an exercise price of $1.10 per share, with a cashless exercise feature. Steven C. Silva is the reporting person's son. The issuance of the warrants is subject to execution of an agreement between the Issuer and the reporting person and Steven C. Silva to provide for, among other things, certain actions to be taken by the reporting person and Steven C. Silva. Further, the reporting person and Steven C. Silva intend to allocate the warrants between them and the reporting person will file an amendment to this Form 4 upon the final allocation of such warrants.

Issuer

CHEM RX CORP

CIK 0001330487

Entity typeother

Related Parties

1
  • filerCIK 0001417306

Filing Metadata

Form type
4
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 9:10 PM ET
Size
8.7 KB