Fortified Holdings Corp. 4
4 · Fortified Holdings Corp. · Filed May 19, 2008
Insider Transaction Report
Form 4
REILLY BRENDAN T
DirectorChairman and CEO
Transactions
- Purchase
Common Stock
2008-05-14+1,000,000→ 11,437,105 total - Award
Warrant for Common Stock
2008-05-14+500,000→ 4,537,866 totalExercise: $0.40Exp: 2011-04-30→ Common Stock (500,000 underlying)
Footnotes (3)
- [F1]Shares were purchased by Mr. Reilly pursuant to a private placement sale of bundled "Units" in which each "Unit" consisted of two (2) shares of Common Stock of the Company and one (1) warrant to purchase one (1) share of Common Stock of the Company. Mr. Reilly purchased 500,000 Units for $200,000 (i.e. 1,000,000 shares of Common Stock plus 500,000 warrants, yielding an effective price of $.20 per share if no value is ascribed to the warrants).
- [F2]Includes 442,800 shares held by Mr. Reilly's wife, Alison Reilly, as to which Mr. Reilly disclaims any beneficial ownership thereof.
- [F3]Warrants are exercisable at any time through April 30, 2011.