4/A//SEC Filing
SUPERIOR GALLERIES INC 4/A
Accession 0001019687-07-000655
CIK 0001091539operating
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 1:24 PM ET
Size
9.6 KB
Accession
0001019687-07-000655
Insider Transaction Report
Form 4/AAmended
DIGENOVA SILVANO A
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Series B $1.00 Convertible Preferred
2007-01-06−400,000→ 0 totalExercise: $1.98→ Common Stock (202,330 underlying) - Sale
Common Stock
2007-01-06$0.70/sh−355,000$248,500→ 1,380,934 total - Sale
Common Stock
2007-01-06$1.98/sh+202,330$400,613→ 1,583,264 total
Footnotes (3)
- [F1]These transactions have been approved by the Board of Directors of the Issuer and are exempt from Section 16(b) under Rule 16b-3(d).
- [F2]The reporting person converted 400,000 shares of Series B $1.00 Convertible Preferred stock on January 6, 2007, at a conversion price of $1.98 per share, resulting in his acquisition of 202,330 shares of common stock. The Series B $1.00 Convertible Preferred Stock was convertible into common stock at a fixed conversion price of $2.00 per share, subject to adjustments, which reduced the conversion price to $1.98 per share.
- [F3]The Series B $1.00 Convertible Preferred Stock was convertible into common stock at any time and had no expiration date.
Documents
Issuer
SUPERIOR GALLERIES INC
CIK 0001091539
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001091539
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 1:24 PM ET
- Size
- 9.6 KB