EUROSITE POWER INC. 4
4 · EUROSITE POWER INC. · Filed Oct 24, 2016
Insider Transaction Report
Form 4
Natsis Tryfon
10% Owner
Transactions
- Other
Common Stock
2016-09-30+9,700,000→ 29,071,297 total - Other
Warrants (right to buy)
2016-09-30−1,020,000→ 0 totalExercise: $0.60From: 2016-01-29Exp: 2017-10-03→ Common Stock (1,020,000 underlying)
Footnotes (3)
- [F1]The Reporting Persons acquired 9,700,000 shares of common stock of the Issuer from American DG Energy Inc. ("ADGE") in exchange for the cancellation of an aggregate amount of $4,263,737 in principal and prepaid interest of the 6% senior unsecured convertible debenture due 2018 issued to the Reporting Persons by ADGE.
- [F2]The reported securities are jointly owned by Tryfon Natsis and his wife, Despoina Pantopoulou, as joint tenants with the right of survivorship.
- [F3]The Reporting Persons received an aggregate of $2,200,000 from the Issuer in exchange, in part, for the Reporting Persons cancelling and relinquishing warrants they held to purchase an aggregate amount of 1,020,000 shares of common stock of the Issuer from ADGE.