Touber Joshua Samuel 4

Accession 0001065949-12-000137

CIK 0001160142other

View on SEC.gov Company Profile

Filed

Oct 15, 8:00 PM ET

Accepted

Oct 16, 4:54 PM ET

Size

43.0 KB

Accession

0001065949-12-000137

Insider Transaction Report

Form 4

Period: 2012-10-12

InterMetro Communications, Inc.IMTO

Touber Joshua Samuel

Director

Transactions

Award
2008 Convertible Note
2012-10-12
Exercise: $0.15→ Common Stock
Conversion
2009 Convertible Note
2012-10-12
Exercise: $0.15→ Common Stock
Award
2009 Convertible Note
2012-10-12
Exercise: $0.15→ Common Stock
Conversion
Common Stock
2012-10-12$0.15/sh+619,758$92,964→ 5,599,812 total
Other
Warrant
2012-10-12+250,000→ 250,000 total
Exercise: $0.25Exp: 2019-10-11→ Common Stock (250,000 underlying)
Other
Warrant
2012-10-12+250,000→ 250,000 total
Exercise: $0.01Exp: 2019-10-11→ Common Stock (250,000 underlying)
Other
Warrant
2012-10-12+200,000→ 200,000 total
Exercise: $0.25Exp: 2019-10-11→ Common Stock (200,000 underlying)
Other
Warrant
2012-10-12+186,054→ 186,054 total
Exercise: $0.01Exp: 2019-10-11→ Common Stock (186,054 underlying)
Award
2008 Convertible Note
2012-10-12
Exercise: $0.50→ Common Stock
Disposition to Issuer
2009 Convertible Note
2012-10-12→ 0 total
Exercise: $0.25→ Common Stock
Award
2009 Convertible Note
2012-10-12
Exercise: $0.50→ Common Stock
Other
Warrant
2012-10-12+92,965→ 92,965 total
Exercise: $0.01Exp: 2019-10-11→ Common Stock (92,965 underlying)
Conversion
2008 Convertible Note
2012-10-12
Exercise: $0.15→ Common Stock
Conversion
Common Stock
2012-10-12$0.15/sh+1,240,348$186,052→ 4,980,054 total
Other
Warrant
2012-10-12+200,000→ 200,000 total
Exercise: $0.01Exp: 2019-10-11→ Common Stock (200,000 underlying)
Disposition to Issuer
2008 Convertible Note
2012-10-12→ 0 total
Exercise: $0.25→ Common Stock

Holdings

2009 Convertible Note
Exercise: $0.25→ Common Stock
Common Stock
(indirect: See footnote)
123,246
2008 Convertible Note
Exercise: $0.25→ Common Stock

Footnotes (9)

[F1]Shares acquired through conversion of existing principal amounts on the 2008 Convertible Note (See footnote 7)
[F2]Shares acquired through conversion of existing principal amounts on the 2009 Convertible Note (See footnote 7).
[F3]Held in the name of Laurel Research, Inc., of which Mr. Touber is President
[F4]Warrants received as consideration for modifying the terms of secured loans with InterMetro Communications, Inc. (See footnote 7)
[F5]All warrants are currently exercisable.
[F6]Warrants received in combination with shares acquired pursuant to conversion rights included in terms of the modified secured loans with InterMetro Communications, Inc. (See footnote 7)
[F7]Effective 10/12/12, the terms of the secured loans by the 2008 and 2009 Convertible Notes were modified: (i) a portion of the principal of the 2008 and 2009 Convertible Notes were converted into shares of common stock at a rate of $0.15; (ii) warrants representing a right to purchase shares equal to the number of dollars converted were granted; and (iii) the remaining balance of the principal and accrued interest of the 2008 and 2009 Convertible Notes were converted into new promissory notes (See Footnote 8 & 9).
[F8]The amount reported represents the balance of the principal, fees and accrued interest for the 2008 Convertible Note ($77,696 + $172,304) and in the aggregate represents the principal only, of the amended and restated 2008 Convertible Note ("Amended 2008 Note"). All principal, fees and accred interest are convertible into common stock at a conversion rate of $0.50 and are immediately exercisable until the note is paid in full. The amount of the Amended 2008 Note reflects principal only.
[F9]The amount reported represents the balance of the principal, fees and accrued interest for the 2009 Convertible Note ($118,035 + $91,965) and in the aggregate represents the principal only, of the amended and restated 2009 Convertible Note ("Amended 2009 Note"). All principal, fees and accrued interest are convertible into common stock at a conversion rate of $0.50 and are immediately exercisable until the note is paid in full. The amount of the Amended 2009 Note reflects principal only.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

InterMetro Communications, Inc.

CIK 0001160142

→

Entity typeother

Related Parties

filerCIK 0001370548

Filing Metadata

Form type: 4
Filed: Oct 15, 8:00 PM ET
Accepted: Oct 16, 4:54 PM ET
Size: 43.0 KB

View on SEC.gov