SECURED SERVICES INC 5
5 · SECURED SERVICES INC · Filed Oct 18, 2005
Insider Transaction Report
Form 5
SECURED SERVICES INCSSVC.OB
NextPoint Partners II LP
10% Owner
Transactions
- Other
Common Stock
2005-09-09$40084.76/sh+98,975$3,967,389,121→ 98,975 total
Holdings
- 925,650
Warrants to purchase common stock
Exercise: $1.28From: 2005-06-14Exp: 2009-06-14→ Common Stock (925,650 underlying) - 2,057
Series B Preferred Convertible Stock
From: 2006-06-14→ Common Stock (2,057,000 underlying)
Footnotes (7)
- [F1]Issued to the reporting person in payment of 7.50% quarterly dividends due on the Series B Preferred Stock ("Series B Shares") beneficially owned by the reporting person.
- [F2]Cash value of the dividend amount due on the 2,057 Series B Shares for the period commencing 6/14/2005 through 8/31/2005.
- [F3]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in the securities.
- [F4]One Series B Share is convertible into 1,000 shares of common stock.
- [F5]Subject to the provisions of the Lock-Up Agreement dated June 14, 2005 entered into by NextPoint Partners II, L.P., the exercise date may be earlier upon the occurrence of certain events not within the control of the limited partnership.
- [F6]Not Applicable.
- [F7]Represents shares of common stock to which the Series B Shares are convertible.