Hone L. Michael 4
4 · LUCID INC · Filed Jan 4, 2012
Insider Transaction Report
Form 4
LUCID INCLCDCU
Hone L. Michael
DirectorChief Executive Officer
Transactions
- Conversion
Common Stock
2011-12-30+1,052→ 103,485 total - Conversion
Series A Convertible Preferred Stock
2011-12-30−1,052→ 0 total→ Common Stock (1,052 underlying)
Footnotes (2)
- [F1]The Series A Convertible Preferred Stock is convertible into Lucid, Inc. common stock and has no expiration date. The number of underlying shares of common stock reported in Column 7 reflects the two-for-one reverse common stock split effective December 6, 2011. All shares of the Company's Series A Preferred Stock automatically converted into shares of Lucid, Inc. common stock at the closing of the qualified initial public offering.
- [F2]Number of securities include 37,500 shares of restricted stock that vest on March 12, 2013.