Home/Filings/4/0001028212-04-000058
4//SEC Filing

MID STATE RACEWAY INC 4

Accession 0001028212-04-000058

CIK 0000065914operating

Filed

Aug 16, 8:00 PM ET

Accepted

Aug 17, 3:00 PM ET

Size

6.2 KB

Accession

0001028212-04-000058

Insider Transaction Report

Form 4
Period: 2002-08-28
Scott Shawn A
10% Owner
Transactions
  • Other

    Common Stock Warrant (right to buy)

    2002-08-28+900,0001,100,000 total(indirect: By LLC)
    Exercise: $2.00From: 2002-08-28Exp: 2007-08-31common stock (900,000 underlying)
Footnotes (3)
  • [F1]The warrant was issued to All Capital, LLC in a private transaction in connection with a $15 million loan made by All Capital, LLC to the Issuer on August 28, 2002.
  • [F2]Inclues a warrant for 200,000 shares issued to All Capital, LLC in lieu of the same number of shares underlying a 10% Convertible Promissory Note held by Vernon, LLC (an affiliate of All Capital) which Note was terminated upon repayment of the underlying debt with proceeds from the $15 million loan by All Capital. The Reporting Person previously reflected these securities in his Form 3 filed in June, 2002.
  • [F3]The Reporting Person is the sole member and manager of All Capital, LLC.

Issuer

MID STATE RACEWAY INC

CIK 0000065914

Entity typeoperating
IncorporatedNY

Related Parties

1
  • filerCIK 0000065914

Filing Metadata

Form type
4
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 3:00 PM ET
Size
6.2 KB