Home/Filings/4/0000950142-05-002058
4//SEC Filing

Trinsic, Inc. 4

Accession 0000950142-05-002058

CIK 0001096509operating

Filed

Jul 17, 8:00 PM ET

Accepted

Jul 18, 5:07 PM ET

Size

6.9 KB

Accession

0000950142-05-002058

Insider Transaction Report

Form 4
Period: 2005-07-15
Transactions
  • Other

    Convertible Preferred Stock

    2005-07-15+24,084.76924,084.769 total(indirect: See footnote)
    From: 2005-09-30Common Stock
Footnotes (6)
  • [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]By The 1818 Fund III, L.P. ("Fund III"). Brown Brothers Harriman & Co. ("BBH") is the general partner of Fund III, and, as such, its pecuniary interest in the securities is limited to its percentage interest in such securities.
  • [F6]Not applicable.

Issuer

Trinsic, Inc.

CIK 0001096509

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001096509

Filing Metadata

Form type
4
Filed
Jul 17, 8:00 PM ET
Accepted
Jul 18, 5:07 PM ET
Size
6.9 KB