Enable Holdings, Inc. 4
4 · Enable Holdings, Inc. · Filed Feb 19, 2010
Insider Transaction Report
Form 4
GUNNELL CASEY
Director
Transactions
- Purchase
Series 1 Convertible Preferred Stock
2010-02-17$2.50/sh+13,740$34,350→ 13,740 totalFrom: 2010-02-17→ Common Stock (918,340 underlying)
Holdings
- 50,000
Stock Option (right to buy)
Exercise: $1.50Exp: 2017-05-14→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]The Series 1 Convertible Preferred Stock is convertible at any time at a conversion ratio of 66.837-to-one share of common stock and has no expiration date.
- [F2]As originally granted, the option vested in 16 equal quarterly installments over 4 years beginning on August 14, 2007. However, in connection with the issuance of finance warrants on 10/16/2008 and 11/21/2008, a change of control provision was triggered in the option agreement that provided for accelerated vesting of all of the unvested options on 11/21/2008.