Highlands Acquisition Corp 3
3 · Highlands Acquisition Corp · Filed Oct 3, 2007
Insider Transaction Report
Form 3
Owens William F
Director
Holdings
- 20,700
Common Stock
Warrants
Exercise: $7.50Exp: 2012-10-02→ Common Stock (20,700 underlying)
Footnotes (2)
- [F1]These securities are included in units, each unit consisting of one share of common stock and one warrant each to purchase one share of common stock. 2,700 units are subject to forfeiture to the extent that the underwriters over-allotment option in the Company's initial public offering is not exercised in full or expires unexercised.
- [F2]The warrants will become exercisable upon the later of the completion of a business combination with a target business and January 3, 2009; provided that the last sales price of the Company's common stock exceeds $14.25 per share for any 20 trading days within a 30-trading day period beginning 90 days after the consummation of a business combination.