4//SEC Filing
BOURKE RICHARD 4
Accession 0001108890-04-000540
CIK 0000799694other
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 9:36 AM ET
Size
9.1 KB
Accession
0001108890-04-000540
Insider Transaction Report
Form 4
BOURKE RICHARD
Other
Transactions
- Award
Common stock
2004-08-26$0.70/sh+9,960$6,972→ 207,960 total(indirect: By Self) - Award
BestNet Units
2004-08-26$0.70/sh+3,320$2,324→ 94,560 total(indirect: By Self)Exercise: $0.30From: 2003-03-30Exp: 2006-03-31→ Common Stock (9,960 underlying)
Footnotes (4)
- [F1]An investment partnership, of which Mr. Bourke is a 4% owner, purchased 83,000 units. Each unit consists of (a) three shares of common stock of the Company; (b) one share of the Series A Convertible Preferred Stock of the company; (c) one warrant to purchase one share of common stock of the Company. Each share of the Series A Convertible Preferred Stock is convertible into two shares of common stock. 9,960 shares of common stock underly the 3,320 units attributed to Mr. Bourke partnership interest.
- [F2]Mr. Bourke has a direct ownership interest in 158,000 shares of common stock and an indirect ownership interest in the 40,000 shares of common stock owned through an investment parternership of which Mr. Bourke is a 4% owner and 9,960 shares of common stock which underly 3,320 units held by the investment partnership which represents Mr. Bourke's 4% interest.
- [F3]An investment partnership, of which Mr. Bourke is a 4% owner, purchased 83,000 units. 9,960 shares of common stock underly the Series A Convertible Preferred Stock and the warrants underlying the units.
- [F4]Mr. Bourke has a direct ownership in 75,000 options to purchase the Company's common stock, an indirect ownership in 9,600 in warrants to purchase the Company's common stock which are held through an investment partnership of which Mr. Bourke is a 4% owner and an indirect ownership in 9,960 shares of common stock which underly 3,320 units owned by the investment partnership.
Documents
Issuer
BESTNET COMMUNICATIONS CORP
CIK 0000799694
Entity typeother
Related Parties
1- filerCIK 0001268602
Filing Metadata
- Form type
- 4
- Filed
- Sep 1, 8:00 PM ET
- Accepted
- Sep 2, 9:36 AM ET
- Size
- 9.1 KB