4//SEC Filing
GVI SECURITY SOLUTIONS INC 4
Accession 0000921895-04-001621
CIK 0001021444operating
Filed
Oct 14, 8:00 PM ET
Accepted
Oct 15, 2:38 PM ET
Size
8.6 KB
Accession
0000921895-04-001621
Insider Transaction Report
Form 4
GVI SECURITY SOLUTIONS INCGVIS.PK
TEITELBAUM WILLIAM A
10% Owner
Transactions
- Other
Common Stock, $.001 par value per share
2004-10-13+650,000→ 14,143,932 total - Other
Warrant to purchase shares
2004-10-13−4,030,637→ 0 totalExercise: $0.00→ Common Stock, $.001 par value per share (4,030,637 underlying)
Footnotes (1)
- [F1]Pursuant to a Settlement Agreement and General Release, dated October 13, 2004, among the Issuer, GVI Security, Inc., a Delaware corporation, the Reporting Person and Alarmax Distributors, Inc. (the "Agreement"), the Reporting Person, among other things, relinquished all claims with respect to a warrant to purchase 4,030,637 shares of the Issuer's common stock ("Shares"), at an aggregate exercise price of $3,287.50, and the warrant was cancelled in consideration for, among other things, (i) the issuance of 650,000 Shares and (ii) the obligation of the Issuer to purchase up to $10,000,000 of the Reporting Person's Shares, subject to the Issuer's completion of a private placement and at the same per share price as the private placement. See Amendment No. 1 to Schedule 13D filed by the Reporting Person with the SEC on October 15, 2004 for a detailed description of the terms and provisions of the Agreement including the obligation of the Issuer to purchase Shares from the Reporting Person.
Documents
Issuer
GVI SECURITY SOLUTIONS INC
CIK 0001021444
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001021444
Filing Metadata
- Form type
- 4
- Filed
- Oct 14, 8:00 PM ET
- Accepted
- Oct 15, 2:38 PM ET
- Size
- 8.6 KB