4//SEC Filing
House of Taylor Jewelry, Inc. 4
Accession 0001116679-07-002747
CIK 0001069249operating
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 7:42 PM ET
Size
9.4 KB
Accession
0001116679-07-002747
Insider Transaction Report
Form 4
Sandbox Jewelry, LLC
10% Owner
Transactions
- Other
Series A Warrant - Right to Buy Common Stock
2007-10-12+123,358→ 123,358 totalExercise: $0.95From: 2006-11-12Exp: 2011-05-11→ Common Stock (123,358 underlying) - Other
Senior Secured Convertible Notes
2007-10-12$150000.00/sh→ 0 totalExercise: $4.00From: 2006-05-12Exp: 2009-05-12→ Common Stock (31,250 underlying)
Footnotes (3)
- [F1]Effective October 12, 2007, House of Taylor Jewelry, Inc. (the "Issuer") completed its sale of shares of its common stock and warrants to institutional and other accredited investors (the "Sale"). Concurrently with the completion of the Sale, the Issuer paid off its outstanding senior convertible notes initially issued in May 2006. The market price of the Issuer's common stock on the date of the pay off was $0.85.
- [F2]This Series A Warrant was previously reported by the Reporting Person on a Form 4 filed on May 16, 2006, as a Series A Warrant entitling the Reporting Person to purchase 23,348 shares of common stock for $5.00 per share. Due to an anti-dilution provision therein which was triggered by the Sale, the Series A Warrant was adjusted and became exercisable for 123,358 shares of common stock at an exercise price of $0.95 per share.
- [F3]The exercise price of this Series A Warrant is subject to adjustment for certain dilutive issuances of common stock or securities exercisable or convertible into common stock.
Documents
Issuer
House of Taylor Jewelry, Inc.
CIK 0001069249
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001069249
Filing Metadata
- Form type
- 4
- Filed
- Oct 15, 8:00 PM ET
- Accepted
- Oct 16, 7:42 PM ET
- Size
- 9.4 KB