HORTON C MICHAEL 4
4 · HOST AMERICA CORP · Filed Jan 19, 2005
Insider Transaction Report
Form 4
HORTON C MICHAEL
Director
Transactions
- Purchase
Common Stock, $.001 par value
2005-01-19$4.10/sh+24,390$99,999→ 62,758 total - Purchase
7.5% Unsecured Convertible Promissory Note
2005-01-19+24,390→ 86,992 totalExercise: $4.10From: 2006-01-19Exp: 2007-01-31→ Common Stock (24,390 underlying)
Footnotes (2)
- [F1]The reported securities are included within one unit purchased by the reporting person for $200,000. The unit consists of 24,390 shares of common stock and one 7.5% unsecured convertible promissory note due 2007 in the face amount of $100,000, which is convertible into shares of common stock at an exercise price of $4.10 per share.
- [F2]Includes (i) 12,750 options to purchase common stock at $7.30 per share; (ii) 35,692 warrants to purchase common stock at $5.50 per share; (iii) 14,160 warrants to purchase common stock at $2.00 per share; and (iv) 24,390 shares issuable pursuant to the convertible note described in footnote 1.