4//SEC Filing
STISKA JOHN 4
Accession 0001079973-09-000394
CIK 0001216199other
Filed
Apr 23, 8:00 PM ET
Accepted
Apr 24, 7:05 PM ET
Size
10.3 KB
Accession
0001079973-09-000394
Insider Transaction Report
Form 4
STISKA JOHN
Director
Transactions
- Purchase
Convertible Promissory Note
2009-04-22$100000.00/sh(indirect: By Trust)Exercise: $0.10→ See note - Other
Convertible Promissory Note
2009-04-22$616834.00/sh(indirect: By Trust)Exercise: $0.10→ See note
Footnotes (4)
- [F1]The note has a principal amount of $100,000, bears interest at the rate of 10% per annum and matures on December 31, 2010. The reporting person has the right from time to time to convert all or any portion of the indebtedness owning under the note into shares of issuer's common stock or non-voting Series C Preferred Stock at a conversion price of $0.10 per share.
- [F2]The note was obtained in a transaction under Section 3(a)(9) of the Securities Act in exchange for a note that had a principal balance of $565,000 and $51,834 in accrued interest (the "Original Note") at the time of the exchange. The Original Note matured on December 19, 2009. The reporting person had the right to convert all or any portion of the indebtedness owing under the Original Note into shares of the issuer's common stock at a conversion price equal to the average closing price of the issuer's common stock on the Nasdaq Capital Market (or such other exchange or quotation service on which the issuer's common stock is listed or quoted at such time, as the case may be) for the six-month period ended on the trading day immediately prior to the date the reporting person requested such conversion.
- [F3]The note has a principal amount of $616,834, bears interest at the rate of 10% per annum and matures on December 31, 2010. The reporting person has the right from time to time to convert all or any portion of the indebtedness owning under the note into shares of issuer's common stock or non-voting Series C Preferred Stock at a conversion price of $0.10 per share.
- [F4]The reporting person is the Trustee of the John C. Stiska Trust dtd 11/14/00. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest in the named entity, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or any other purpose.
Documents
Issuer
PepperBall Technologies, Inc.
CIK 0001216199
Entity typeother
Related Parties
1- filerCIK 0001253816
Filing Metadata
- Form type
- 4
- Filed
- Apr 23, 8:00 PM ET
- Accepted
- Apr 24, 7:05 PM ET
- Size
- 10.3 KB