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FRANKS NURSERY & CRAFTS INC 4

Accession 0001125282-04-000436

CIK 0000038792operating

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 4:39 PM ET

Size

10.9 KB

Accession

0001125282-04-000436

Insider Transaction Report

Form 4
Period: 2003-12-22
Transactions
  • Other

    Common Stock

    2003-12-22+560,7044,872,451 total
  • Other

    Common Stock

    2003-12-31+423,2765,295,727 total
  • Other

    Common Stock

    2004-02-04+297,2505,592,977 total
  • Other

    Common Stock Warrants

    2004-01-291,250,0003,768,844.2 total
    Exercise: $1.99From: 2002-01-23Exp: 2005-05-20Common Stock (1,250,000 underlying)
Footnotes (3)
  • [F1]Common Stock received by Reporting Person for resolution of certain claims against Issuer in connection with Issuer's May 2, 2002 plan of reorganization.
  • [F2]On February 11, 2004, Reporting Person received Issuer's notice that Warrant adjustment provisions had been triggered. Reporting Person's March 25, 2003 Form 3 reported ownership of Warrants to purchase 4,402,174 shares at an exercise price of $1.15 per share and Warrants to purchase 5,000,000 shares at an exercise price of $2.00 per share. As herein reported, the exercise price of the $2.00 Warrants was reduced to $1.99 and the number of shares issuable, after the Warrant transaction herein reported, is 3,768,844.2. The exercise price of the $1.15 Warrants was reduced to $1.14 and the number of shares issuable was increased to 4,440,789.6.
  • [F3]In connection with an amendment of Issuer's credit facility, Warrants to purchase 1,250,000 shares were transferred from Reporting Person to a third party participating in the facility.

Documents

1 file

Issuer

FRANKS NURSERY & CRAFTS INC

CIK 0000038792

Entity typeoperating
IncorporatedMI

Related Parties

1
  • filerCIK 0000038792

Filing Metadata

Form type
4
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 4:39 PM ET
Size
10.9 KB