BRILL MARTIN J 4
4 · US DRY CLEANING CORP · Filed Feb 13, 2009
Insider Transaction Report
Form 4
US DRY CLEANING CORPUDRY.OB
BRILL MARTIN J
Director
Transactions
- Conversion
Shares of Common Stock, par value $.001 per share
2009-02-12+250,000→ 1,002,444 total - Other
Series A Convertible Preferred Stock
2009-02-12+3,350→ 5,450 totalExercise: $0.32From: 2009-02-12→ Common Stock (1,046,875 underlying)
Footnotes (2)
- [F1]The Reporting Person exchanged Series A Convertible Debentures on December 28, 2007, in the aggregate amount of $80,000 for 250,000 shares of Common Stock of the Issuer. He received 61,539 shares of Common Stock on December 28, 2007, as reported in his Form 4 filed on January 10, 2008. The balance of 188,461 shares of Common Stock was received by the Reporting Person on February 12, 2009.
- [F2]The Reporting Person exchanged indebtedness in the aggregate amount of $300,000 for 3,350 shares of Series A Convertible Preferred Stock of the Issuer, convertible into Common Shares at the rate of 312.5 shares of Common Stock for every 1 share of Series A Preferred Stock.