LESTER JAIME 4
4 · FLO Corp · Filed Feb 13, 2009
Insider Transaction Report
Form 4
FLO CorpFLO
LESTER JAIME
10% Owner
Transactions
- Other
Series A Preferred Stock
2008-05-21−138.889→ 0 total(indirect: Footnote)Exercise: $0.80Exp: 2008-05-21→ Common Stock (555,554 underlying) - Other
Series B Preferred Stock
2008-05-21+148.215→ 148.215 total(indirect: Footnote)Exercise: $0.80From: 2008-05-21Exp: 2013-05-21→ Common Stock (1,668,212 underlying) - Sale
Series B Preferred Stock
2008-12-26−148.215→ 0 total(indirect: Footnote)Exercise: $0.80From: 2008-05-21Exp: 2013-05-21→ Common Stock (1,668,212 underlying) - Other
Warrants
2008-05-21−277,777→ 0 total(indirect: Footnote)Exercise: $3.00From: 2008-05-21Exp: 2013-05-21→ Common Stock (277,777 underlying) - Other
Warrants
2008-05-21+555,554→ 555,554 total(indirect: Footnote)Exercise: $1.50From: 2008-05-21Exp: 2013-05-21→ Common Stock (555,554 underlying) - Sale
Warrants
2008-12-26−555,554→ 0 total(indirect: Footnote)Exercise: $1.50From: 2008-05-21Exp: 2013-05-21→ Common Stock (555,554 underlying) - Other
Warrants
2008-05-21−277,777→ 0 total(indirect: Footnote)Exercise: $4.00From: 2008-05-21Exp: 2013-05-21→ Common Stock (277,777 underlying) - Other
Warrants
2008-05-21+555,554→ 555,554 total(indirect: Footnote)Exercise: $2.00From: 2008-05-21Exp: 2013-05-21→ Common Stock (555,554 underlying) - Sale
Warrants
2008-12-26−555,554→ 0 total(indirect: Footnote)Exercise: $2.00From: 2008-05-21Exp: 2013-05-21→ Common Stock (555,554 underlying) - Other
Warrants
2008-05-21+1,709,569→ 1,709,569 total(indirect: Footnote)Exercise: $0.60From: 2008-05-21Exp: 2013-05-21→ Common Stock (1,709,569 underlying) - Sale
Warrants
2008-05-22−187,499→ 1,522,070 total(indirect: Footnote)Exercise: $0.60From: 2008-05-21Exp: 2013-05-21→ Common Stock (187,499 underlying) - Sale
Warrants
2008-12-26−1,522,070→ 0 total(indirect: Footnote)Exercise: $0.60From: 2008-05-21Exp: 2013-05-21→ Common Stock (1,522,070 underlying) - Other
Warrants
2008-05-21+468,749→ 468,749 total(indirect: Footnote)Exercise: $0.75From: 2008-05-21Exp: 2013-05-21→ Common Stock (468,749 underlying) - Sale
Warrants
2008-05-22−234,374→ 234,375 total(indirect: Footnote)Exercise: $0.75From: 2008-05-21Exp: 2013-05-21→ Common Stock (234,374 underlying) - Sale
Warrants
2008-12-26−234,375→ 0 total(indirect: Footnote)Exercise: $0.75From: 2008-05-21Exp: 2013-05-21→ Common Stock (234,375 underlying) - Other
Convertible Notes
2008-05-21+468,749→ 468,749 total(indirect: Footnote)Exercise: $0.80From: 2008-05-21Exp: 2010-05-21→ Common Stock (468,749 underlying) - Sale
Convertible Notes
2008-05-22$187500.00/sh−234,374$43,945,125,000→ 234,375 total(indirect: Footnote)Exercise: $0.80From: 2008-05-21Exp: 2010-05-21→ Common Stock (234,374 underlying) - Sale
Convertible Notes
2008-12-26−234,375→ 0 total(indirect: Footnote)Exercise: $0.80From: 2008-05-21Exp: 2010-05-21→ Common Stock (234,375 underlying)
Footnotes (6)
- [F1]On May 21, 2008, the Issuer converted its Series A Preferred Shares into Series B Preferred Shares. Each Share of series B preferred stock is convertible into 11,255.32 common stock shares at $0.80 per share.
- [F2]On May 21, 2008, the Reporting Persons received $1.50 and $2.00 warrants as a result of the Issuer's conversion of its $3.00 and $4.00 warrants. Each warrant is convertible into 1 common stock share at the referenced exercise price.
- [F3]On May 21, 2008, the Reporting Persons received the convertible notes listed herein as a result of the Issuer's conversions referenced in Footnotes 1 and 2 above. The notes are convertible into the number of common stock shares listed for each Reporting Person at $0.80 per share.
- [F4]These securities were received as part of the conversions referenced in Footnotes 1 and 2 above and were subsequently sold to a third party for no consideration.
- [F5]On December 26, 2008, the Reporting Persons entered into a private assignment and assumption agreement with a third party whereby the Reporting Persons sold all of their rights, obligations, title and interest to and in any of the Issuer's securities it owned for $1.00.
- [F6]IMPORTANT NOTE: THE SECURITIES SET FORTH IN THIS REPORT ARE DIRECTLY BENEFICIALLY OWNED BY SOUNDPOST CAPITAL, LP, SOUNDPOST CAPITAL OFFSHORE, LTD. AND/OR HFR HE SOUNDPOST MASTER TRUST (COLLECTIVELY, THE "FUNDS"). ALL OTHER REPORTING PERSONS ARE INCLUDED WITHIN THIS REPORT DUE TO THEIR AFFILIATION WITH ONE OR ALL OF THE FUNDS.