DRAPKIN DONALD G 4
4 · NEPHROS INC · Filed Sep 27, 2004
Insider Transaction Report
Form 4
NEPHROS INCNEP
DRAPKIN DONALD G
Director
Transactions
- Conversion
Series C Convertible Preferred Stock
2004-09-24−111,050→ 0 total→ Common stock (36,856 underlying) - Conversion
Common Stock
2004-09-24+154,458→ 509,922 total - Conversion
Series A Convertible Preferred Stock
2004-09-24−92,500→ 0 total→ Common stock (26,279 underlying) - Conversion
Series D Convertible Preferred Stock
2004-09-24−203,102→ 0 total→ Common stock (91,323 underlying)
Footnotes (6)
- [F1]Mr. Drapkin owned (a) 92,500 shares of Series A Convertible Preferred Stock that converted into 26,279 shares of common stock; (b) 111,050 shares of Series C Convertible Preferred Stock that, together with dividends accrued through May 31, 2004, converted into 36,856 shares of common stock; and (c) 203,102 shares of Series D Convertible Preferred Stock that, together with dividends accrued through May 31, 2004, converted into 91,323 shares of common stock.
- [F2]Mr. Drapkin's 92,500 shares of Series A Convertible Preferred Stock converted into 26,279 shares of common stock.
- [F3]Upon issuance, such shares were immediately convertible with no expiration.
- [F4]Not applicable per instruction 4(c)(iii).
- [F5]Mr. Drapkin's 111,050 shares of Series C Convertible Preferred Stock, together with dividends accrued through May 31, 2004, converted into 36,856 shares of common stock.
- [F6]Mr. Drapkin's 203,102 shares of Series D Convertible Preferred Stock, together with dividends accrued through May 31, 2004, converted into 91,323 shares of common stock.