BEAMZ INTERACTIVE INC 4
4 · BEAMZ INTERACTIVE INC · Filed Nov 19, 2013
Insider Transaction Report
Form 4
MOLLO CHARLES R
DirectorChief Executive Officer10% Owner
Transactions
- Other
Warrants
2013-11-15+30,000→ 30,000 total(indirect: See Footenote 1)Exercise: $0.02From: 2013-11-15Exp: 2016-11-15→ Common Stock (30,000 underlying) - Other
Convertible Secured Subordinated Promissory Note
2013-11-15+1→ 1 total(indirect: See Footnote 1)Exercise: $0.40From: 2013-11-15Exp: 2014-12-31→ Common Stock (150,000 underlying) - Other
Warrants
2013-11-15+50,000→ 50,000 total(indirect: See Footnote 2)Exercise: $0.02From: 2013-11-15Exp: 2016-11-15→ Common Stock (50,000 underlying) - Other
Convertible Secured Subordinated Promissory Note
2013-11-15+1→ 1 total(indirect: See Footnote 2)Exercise: $0.40From: 2013-11-15Exp: 2014-12-31→ Common Stock (250,000 underlying) - Other
Warrants
2013-11-15+50,000→ 50,000 total(indirect: See Footnote 2)Exercise: $0.02From: 2013-11-15Exp: 2016-11-15→ Common Stock (50,000 underlying) - Other
Convertible Secured Subordinated Promissory Note
2013-11-15+1→ 1 total(indirect: See Footnote 2)Exercise: $0.40From: 2013-11-15Exp: 2014-12-31→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]Reflects the receipt by CRM-008 Trust ("CRM-008"), of which Mr. Mollo serves as trustee, of a Convertible Secured Promissory Note (convertible into the Issuer's Common Stock) and Warrants in exchange for cash consideration of $60,000 from CRM-008 pursuant to a Note Purchase Agreement dated 05/01/2013 (the "Note Transaction").
- [F2]Reflects the receipt by CRM Revocable Trust ("CRM Revocable"), of which Mr. Mollo serves as trustee and as a beneficiary, of two Convertible Secured Promissory Notes each with a principal amount of $100,000 (convertible into the Issuer's Common Stock) and two sets of Warrants in exchange for cash consideration of $200,000 from CRM Revocable pursuant to the Note Transaction.