Chaudhuri Kali P 4
4 · Integrated Healthcare Holdings Inc · Filed Apr 6, 2009
Insider Transaction Report
Form 4
Chaudhuri Kali P
10% Owner
Transactions
- Purchase
Right to Buy Common Stock
2009-04-02+30,600,000→ 30,600,000 totalExercise: $0.03→ Common Stock
Footnotes (3)
- [F1]Issuer entered into three separate stock purchase agreements (one with Reporting Person and two with other parties) covering an aggregate of 60,000,000 shares of common stock. Maximum number of shares purchasable by Reporting Person under the Right is 51% of the aggregate number of shares elected to be purchased under the three stock purchase agreements.
- [F2]The closing, if any, of the three stock purchase agreements is scheduled for May 18, 2009 but may be extended if the Issuer does not then have sufficient authorized capital to issue the shares being purchased under the stock purchase agreements.
- [F3]The stock purchase agreement pursuant to which the Right was granted was entered into pursuant to a Settlement Agreement, General Release and Covenant Not to Sue that involved various cash and non-cash consideration from various parties.