Trinsic, Inc. 4
4 · Trinsic, Inc. · Filed Jul 18, 2005
Insider Transaction Report
Form 4
Trinsic, Inc.TRIN
1818 FUND III LP
10% Owner
Transactions
- Other
Convertible Preferred Stock
2005-07-15+24,084.769→ 24,084.769 totalFrom: 2005-09-30→ Common Stock
Footnotes (5)
- [F1]Convertible Preferred Stock, Series H, par value $.01 per share (the "Series H Preferred").
- [F2]$1000 per share of Series H Preferred divided by the Conversion Price, set initially at $0.39, but subject to adjustment.
- [F3]Shares of Series H Preferred were received in exchange for (i) the cancellation of a promissory note in an aggregate principal amount of $20,000,000 plus a premium and accrued and unpaid interest thereon totaling in the aggregate $21,584,768.69 and (ii) a cash payment of $2,500,000.
- [F4]61,755,818 shares of Common Stock, but subject to adjustment.
- [F5]Not applicable.