Trinity Partners Acquistion CO Inc. 3
3 · Trinity Partners Acquistion CO Inc. · Filed Feb 14, 2005
Insider Transaction Report
Form 3
SILVER JACK
10% Owner
Holdings
- 48,000(indirect: See Footnote)
Common Stock
- 100,000(indirect: See Footnote)
Class B Common Stock
- (indirect: See Footnote)
Class W Warrants
Exercise: $5.00Exp: 2009-07-29→ Common Stock (170,000 underlying) - (indirect: See Footnote)
Class Z Warrants
Exercise: $5.00Exp: 2011-07-29→ Common Stock (170,000 underlying)
Footnotes (6)
- [F1]Jack Silver (the "Reporting Person" is the trustee of Sherleigh Associates Profit Sharing Plan. As of the date hereof, Sherleigh Associates Profit Sharing Plan is the beneficial owner 48,000 shares of Common Stock. Accordingly, the Reporting Person, as the trustee of the Sherleigh Associates Profit Sharing Plan, is the beneficial owner of 48,000 shares of Common Stock.
- [F2]The Class W Warrants and the Class Z Warrants will become exercisable on the later of (a) 7/29/2009 or (b) the earlier of: (i) the completion of a business combination with a target business, or (ii) the distribution of the trust fund (as described in the Prospectus) to the Class B stockholders. Each Class W Warrant and Class Z Warrant is exercisable for one share of common stock at an exercise price of $5.00.
- [F3]The Reporting Person is the trustee of Sherleigh Associates Profit Sharing Plan. As of the date hereof, Sherleigh Associates Profit Sharing Plan is the beneficial owner 170,000 Class W Warrants. Accordingly, the Reporting Person, as the trustee of the Sherleigh Associates Profit Sharing Plan, is the beneficial owner of 170,000 Class W Warrants.
- [F4]The Reporting Person is the trustee of Sherleigh Associates Profit Sharing Plan. As of the date hereof, Sherleigh Associates Profit Sharing Plan is the beneficial owner 170,000 Class Z Warrants. Accordingly, the Reporting Person, as the trustee of the Sherleigh Associates Profit Sharing Plan, is the beneficial owner of 170,000 Class Z Warrants.
- [F5]In the event of a business combination, all outstanding Class B Common Stock will be converted into common stock.
- [F6]The Reporting Person is the trustee of Sherleigh Associates Profit Sharing Plan. As of the date hereof, Sherleigh Associates Profit Sharing Plan is the beneficial owner 100,000 Class B Shares. Accordingly, the Reporting Person, as the trustee of the Sherleigh Associates Profit Sharing Plan, is the beneficial owner of 100,000 Class B Shares.