Home/Filings/4/A/0000935066-05-000023
4/A//SEC Filing

ADLER FREDERICK R 4/A

Accession 0000935066-05-000023

CIK 0000935066other

Filed

Jun 22, 8:00 PM ET

Accepted

Jun 23, 3:57 PM ET

Size

12.6 KB

Accession

0000935066-05-000023

Insider Transaction Report

Form 4/AAmended
Period: 2005-05-24
Transactions
  • Exercise of In-Money

    Warrant to purchase Common Stock

    2005-05-24$15.00/sh1,000,000$15,000,0000 total
    Exercise: $0.50From: 2004-08-04Exp: 2007-01-31Common Stock, $0.01 par value per share (1,000,000 underlying)
  • Exercise of In-Money

    Common Stock, $0.01 par value per share

    2005-05-24$0.50/sh+1,000,000$500,0002,204,406 total
  • Purchase

    Series B, Convertible Preferred Stock, $0.01 par per share

    2005-05-24$15.00/sh+976,660$14,649,900976,660 total
    Exercise: $15.00From: 2005-05-24Exp: 2015-05-24Common Stock, $0.01 par value (976,660 underlying)
  • Purchase

    Warrant to purchase Common Stock

    2005-05-24$15.00/sh+488,330$7,324,950488,330 total
    Exercise: $1.30From: 2005-05-24Exp: 2010-05-24Common Stock, $0.01 par value (488,330 underlying)
Footnotes (2)
  • [F1]Consists of 10,100 shares of Common Stock held by 1520 Partners, LP, a limited partnership of which the Reporting Person is the general partner. The Reporting Person disclaims beneficial ownership of the shares held by 1520 Partners, LP.
  • [F2]The reported securities are included within 48,833 units purchased by the Reporting Person for $15.00 per unit. Each unit consists of one share of Series B Convertible Preferred Stock of the Issuer and a warrant to purchase 10 shares of common stock of the Issuer. Each share of Series B Convertible Preferred Stock is convertible into 20 shares of common stock.

Issuer

SHELLS SEAFOOD RESTAURANTS INC

CIK 0000935066

Entity typeother
IncorporatedFL

Related Parties

1
  • filerCIK 0000919039

Filing Metadata

Form type
4/A
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 3:57 PM ET
Size
12.6 KB