Home/Filings/4/0001019687-03-002258
4//SEC Filing

SADLE STEPHEN L 4

Accession 0001019687-03-002258

CIK 0001094084other

Filed

Nov 11, 7:00 PM ET

Accepted

Nov 12, 9:04 PM ET

Size

8.6 KB

Accession

0001019687-03-002258

Insider Transaction Report

Form 4
Period: 2002-04-30
SADLE STEPHEN L
DirectorSenior Vice President
Transactions
  • Purchase

    Common Stock, par value $0.001 per share

    2002-04-30$65000.00/sh+195,000$12,675,000,0003,335,000 total(indirect: See Note)
  • Purchase

    Series A Convertible debenture

    2002-04-30$65000.00/sh+1$65,0001 total
    Exercise: $0.50From: 2002-10-30Exp: 2005-04-29Common Stock, par value $0.001 per share (130,000 underlying)
  • Purchase

    Common Stock Purchase Warrant

    2002-04-30+11 total
    Exercise: $1.00From: 2003-04-30Exp: 2005-04-29Common Stock, par value $0.001 per share (65,000 underlying)
Transactions
  • Purchase

    Series A Convertible debenture

    2002-04-30$65000.00/sh+1$65,0001 total
    Exercise: $0.50From: 2002-10-30Exp: 2005-04-29Common Stock, par value $0.001 per share (130,000 underlying)
  • Purchase

    Common Stock Purchase Warrant

    2002-04-30+11 total
    Exercise: $1.00From: 2003-04-30Exp: 2005-04-29Common Stock, par value $0.001 per share (65,000 underlying)
  • Purchase

    Common Stock, par value $0.001 per share

    2002-04-30$65000.00/sh+195,000$12,675,000,0003,335,000 total(indirect: See Note)
Footnotes (3)
  • [F1]Does not include accrued interest on Series A Convertible Debenture which is payable in shares of common stock. The Series A Convertible Debenture bears interest at a rate of 8.0% per annum and matures 3 years from date of purchase.
  • [F2]Shares of common stock subject to purchase pursuant to a Series A Convertible Debenture & non-detachable common stock purchase warrant.
  • [F3]In connection with the purchase of Series A Convertible Debenture the issuer also issued a non-detachable common stock purchase warrant entitling the holder to acquire 65,000 shares of the Company common stock at $1.00 per share. Since the common stock purchase warrant is non-detachable the price of this derivative security has been included in the purchase price for the Series A Convertible Debenture.

Issuer

TELKONET INC

CIK 0001094084

Entity typeother

Related Parties

1
  • filerCIK 0001269905

Filing Metadata

Form type
4
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 9:04 PM ET
Size
8.6 KB