Simon Jonathan L 4
4 · Global Resource CORP · Filed Feb 22, 2010
Insider Transaction Report
Form 4
Simon Jonathan L
Director
Transactions
- Other
Warrant
2010-02-01−85,000→ 0 totalExercise: $2.50Exp: 2010-03-31→ Common Stock (85,000 underlying) - Other
Common Stock
2010-02-01+75,000→ 275,000 total - Other
Common Stock
2010-02-01+14,167→ 289,167 total
Footnotes (4)
- [F1]75,000 shares of Common Stock were issued to the Reporting Person by the Issuer as reimbursement for out-of-pocket expenses incurred by the Reporitng Person on behalf of the Issuer, which shares were valued at $0.67 each.
- [F2]14,167 shares of Common Stock were issued to the Reporting Person by the pursuant to a Securities Exchange Agreement between the Issuer and the Reporting Person entered into on January 25, 2010 pursuant to which the Reporting Person agreed to the cancellation of 85,000 warrants to purchase Common Stock of the Issuer at $2.50 per share in exchange for such issuance.
- [F3]Immediately.
- [F4]Not applicable.