FRANKS NURSERY & CRAFTS INC 4
4 · FRANKS NURSERY & CRAFTS INC · Filed Feb 12, 2004
Insider Transaction Report
Form 4
FRANKS NURSERY & CRAFTS INCFNCN.OB
KIMCO REALTY SERVICES INC
10% Owner
Transactions
- Other
Common Stock
2003-12-22+560,704→ 4,872,451 total - Other
Common Stock
2003-12-31+423,276→ 5,295,727 total - Other
Common Stock
2004-02-04+297,250→ 5,592,977 total - Other
Common Stock Warrants
2004-01-29−1,250,000→ 3,768,844.2 totalExercise: $1.99From: 2002-01-23Exp: 2005-05-20→ Common 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.