Larter Joseph 4
4 · SECURECARE TECHNOLOGIES INC · Filed Jan 21, 2010
Insider Transaction Report
Form 4
SECURECARE TECHNOLOGIES INCSCUC.OB
Larter Joseph
Director10% Owner
Transactions
- Purchase
Common Stock Par Value $.001
2010-01-19$0.08/sh+15,625$1,250→ 939,276 total - Award
Stock Option
2008-07-29+200,000→ 200,000 totalExercise: $0.75From: 2008-07-29Exp: 2018-07-29→ Common Stock Par Value $.001 (200,000 underlying)
Holdings
- 182(indirect: See Footnote)
Series B Warrants
Exercise: $250.00From: 2005-03-11Exp: 2010-03-10→ Common Stock Par Value $.001 (182 underlying) - 182(indirect: See Footnote)
Series B Warrants
Exercise: $250.00From: 2005-03-11Exp: 2010-03-10→ Common Stock Par Value $.001 (182 underlying) - 5,000(indirect: See Footnote)
Stock Purchase Warrants
Exercise: $0.40From: 2007-01-19Exp: 2012-01-18→ Common Stock Par Value $.001 (5,000 underlying) - 1,185,573(indirect: See Footnote)
Common Stock Per Value $.001
- 500(indirect: See Footnote)
Series A Warrants
Exercise: $200.00From: 2004-05-13Exp: 2009-05-12→ Common Stock Par Value $.001 (500 underlying) - 23
Series B Warrants
Exercise: $250.00From: 2004-12-09Exp: 2009-12-08→ Common Stock Par Value $.001 (23 underlying) - 6,000(indirect: See Footnote)
Stock Purchase Warrants
Exercise: $0.40From: 2007-05-09Exp: 2012-05-08→ Common Stock Par Value $.001 (6,000 underlying) - 23(indirect: See Footnote)
Series B Warrants
Exercise: $250.00From: 2004-12-21Exp: 2009-12-20→ Common Stock Par Value $.001 (23 underlying) - 500(indirect: See Footnote)
Series A Warrants
Exercise: $200.00From: 2004-06-02Exp: 2009-06-01→ Common Stock Par Value $.001 (500 underlying) - 33,400(indirect: See Footnote)
Stock Purchase Warrants
Exercise: $0.40From: 2007-02-13Exp: 2012-02-12→ Common Stock Par Value $.001 (33,400 underlying) - 5,000(indirect: See Footnote)
Stock Purchase Warrants
Exercise: $0.40From: 2006-12-19Exp: 2011-12-20→ Common Stock Par Value $.001 (5,000 underlying)
Footnotes (7)
- [F1]448,676 of these common stock shares are owned by The Joseph Trust, the undersigned is a Trustee of such Trust; 427,232 of these common stock shares are owned by Marldene Limited, the undersigned is a director of Marldene Limited; 177,035 of these common stock shares are owned by SLT Ltd. and Joseph and Betty Larter being the current trustees of the Marldene Directors Pension Scheme, the undersigned is a Trustee of SLT Ltd. and Joseph and Betty Larter being the current trustees of the Marldene Director's Pension Scheme; 132,630 of these common stock shares are owned by Marldene Limited Directors Pension Scheme, the undersigned is a Trustee of the Marldene Limited Directors Pension Scheme.
- [F2]100,000 of the Series A Warrants, which convert to 500 shares of common stock are owned by The Joseph Trust, the undersigned is an Trustee of such Trust; 100,000 of the Series A Warrants, which convert to 500 shares of common stock are owned by SLT Ltd. and Joseph and Betty Larter being the current trustees of the Marldene Directors Pension Scheme, the undersigned is a Trustee of SLT Ltd. and Joseph and Betty Larter being the current trustees of the Marldene Director's Pension Scheme.
- [F3]36,364 of the Series B Warrants, which convert to 182 shares of common stock are owned by Marldene Limited, the undersigned is a director of Marldene Limited; 40,909 of the Series B warrants, which convert to 205 shares of common stock are owned by SLT Ltd. and Joseph and Betty Larter being the current trustees of the Marldene Directors Pension Scheme, the undersigned is a Trustee of SLT Ltd. and Joseph and Betty Larter being the current trustees of the Marldene Director's Pension Scheme.
- [F4]33,400 of the Stock Purchase Warrants, which convert to 33,400 shares of common stock are owned by The Joseph Trust, the undersigned is a Trustee of such Trust. 16,000 of the Stock Purchase Warrants, which convert to 16,000 shares of common stock are owned by SLT Ltd. and Joseph and Betty Larter being the current trustees of the Marldene Directors Pension Scheme, the undersigned is a Trustee of SLT Ltd. and Joseph and Betty Larter being the current trustees of the Marldene Director's Pension Scheme.
- [F5]The stock options vest 100% immediately on July 29, 2008.
- [F6]The reporting person participated in the Company's common stock sale offering and purchased 15,625 shares of stock at $.08/share.
- [F7]The exercise price of the stock purchase warrants was reduced to $.40 from $2.50 in exchange for the reporting person agreeing to the terms and conditions of the Company's note extension offer.