Sand Scott R 4
4 · Ingen Technologies, Inc. · Filed Apr 3, 2013
Insider Transaction Report
Form 4
Sand Scott R
DirectorChairman & CEO10% Owner
Transactions
- Exercise/Conversion
Series A Preferred
2013-03-25$0.00/sh−2,000,000$4,600→ 62,294,293 totalExercise: $0.00→ Common Stock (20,000,000 underlying) - Purchase
Common Stock
2013-03-22$0.00/sh+2,000,000$3,600→ 26,333,341 total - Purchase
Common Stock
2013-03-25$0.00/sh+20,000,000$46,000→ 46,333,341 total
Footnotes (2)
- [F1]The Company's Articles of Incorporation filed with the State of Georgia specify in Section 3.4(f) the (Conversion Rights) for each Preferred Series-A share whereas: each share of Preferred Series-A stock is convertible at any time after the date of issuance of such share into ten (10) shares of fully paid and non-assessable share of common stock.
- [F2]The reporting person converted 2,000,000 shares of Series-A Preferred Stock on March 25, 2013.