4//SEC Filing
EMERGENT GROUP INC/NY 4
Accession 0001013762-03-000396
CIK 0001021097operating
Filed
Aug 28, 8:00 PM ET
Accepted
Aug 29, 10:05 AM ET
Size
7.0 KB
Accession
0001013762-03-000396
Insider Transaction Report
Form 4
WALDRON MARK
Director
Transactions
- Conversion
Promissory Notes
2003-08-29−150,000→ 93 totalExercise: $0.40From: 2003-08-29Exp: 2003-12-31→ Common Stock (150,000 underlying) - Conversion
Common Stock
2003-08-29$0.40/sh+151,500$60,600→ 407,592 total
Footnotes (2)
- [F1]In June 2003, Mr. Waldron purchased promissory notes from the Issuer in the principal amount of $60,000. The notes automatically converted on the August 29, 2003 effective date of a one-for-40 reverse stock split. All share and per share amount herein have been given retroactive effect for the reverse stock split Of the 151,500 shares, 150,000 shares represent conversion of principal and 1,500 shares represent conversion of interest..
- [F2]Represents options to purchase 93 shares
Documents
Issuer
EMERGENT GROUP INC/NY
CIK 0001021097
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001021097
Filing Metadata
- Form type
- 4
- Filed
- Aug 28, 8:00 PM ET
- Accepted
- Aug 29, 10:05 AM ET
- Size
- 7.0 KB