SPECTRASCIENCE INC 4
4 · SPECTRASCIENCE INC · Filed Jul 17, 2013
Insider Transaction Report
Form 4
McWilliams Mark
Director
Transactions
- Purchase
5% Original Issue Discount Convertible Debenture
2013-07-15→ 183,705 totalExercise: $0.06→ Common Stock (183,705 underlying) - Purchase
Common Stock Warrant (Right to Buy)
2013-07-15+91,853→ 91,853 totalExercise: $0.07Exp: 2018-07-15→ Common Stock (91,853 underlying)
Holdings
- 500,000
Stock Option (Right to Buy)
Exercise: $0.11Exp: 2021-02-24→ Common Stock (500,000 underlying) - 400,000
Stock Option (Right to Buy)
Exercise: $0.15Exp: 2014-07-25→ Common Stock (400,000 underlying) - 100,000
Stock Option (Right to Buy)
Exercise: $0.06Exp: 2021-12-15→ Common Stock (100,000 underlying) - 162,222
Common Stock
Footnotes (5)
- [F1]Fully exercisable.
- [F2]1/4 of the shares subject to the option vest and become exercisable on February 25, 2011, and 1/36 of the shares subject to the option vest and become exercisable at the end of each monthly period thereafter.
- [F3]1/4 of the shares subject to the option vest and become exercisable on December 16, 2012, and 1/48 of the shares subject to the option vest and become exercisable at the end of each monthly period thereafter.
- [F4]The debenture has a maturity date of January 15, 2014.
- [F5]The reported securities were purchased for an aggregate amount of $10,000 and consist of the 5% Original Issue Discount Convertible Debenture (face value $10,526.32) and common stock warrants to purchase such numbers of shares of company common stock equal to 50% of the number of shares initially issuable upon conversion of the Debentures.