TRINITY LEARNING CORP 4/A
4/A · TRINITY LEARNING CORP · Filed Sep 22, 2004
Insider Transaction Report
Form 4/AAmended
TRINITY LEARNING CORPTTYL.OB
MOONEY EDWARD P
Director
Transactions
- Purchase
Stock Option, Right to Buy
2003-12-31+250,000→ 500,000 totalExercise: $0.50From: 2003-12-31Exp: 2008-12-31→ Common Stock (250,000 underlying)
Holdings
- 4,420,919(indirect: See Footnote)
Common Stock
- 137,500(indirect: See Footnote)
Warrant, Right to Buy
→ Common Stock - 1,100,000
Common Stock
Footnotes (5)
- [F1]These shares are held by Granite Creek Partners, LLC (formerly Kings Peak Advisors, LLC) in which Reporting Person is a Member and Manager. Reporting Person disclaims beneficial ownership of the Issuer's Common Stock held by Granite Peak Partners, LLC except as to his pecuniary interest therein.
- [F2]25% of the share subject to the option shall vest immediately, and 1/36 of the remaining shares subject to the option shall vest each month thereafter.
- [F3]Not applicable.
- [F4]Previously reported.
- [F5]This Warrant is held by Granite Creek Partners, LLC (formerly Kings Peak Advisors, LLC) in connection with a bridge loan. Reporting Person is a Member and Manager of Granite Creek Partners, LLC. Reporting Person disclaims beneficial ownership of the Issuer's Common Stock held by Granite Creek Partners, LLC except as to his pecuniary interest therein.