Home/Filings/4/0001139020-05-000044
4//SEC Filing

REYNA MICHAEL R 4

Accession 0001139020-05-000044

CIK 0001103406other

Filed

Jan 26, 7:00 PM ET

Accepted

Jan 27, 6:23 PM ET

Size

6.6 KB

Accession

0001139020-05-000044

Insider Transaction Report

Form 4
Period: 2004-12-31
REYNA MICHAEL R
DirectorPresident / CEO10% Owner
Transactions
  • Other

    SERIES D CONVERTIBLE PREFERRED STOCK

    2004-12-31$38540.00/sh+38,540$1,485,331,60038,540 total
    From: 2006-01-01COMMON STOCK
Footnotes (1)
  • [F1]The Series D Convertible Preferred Stock ("Series D Stock") may be converted in Common Stock of the Company as follows: The number of Common Shares shall be equal to the total purchase price for the Series D Stock (computed at $1.00 per share) divided by the volume-weighted-trading average Closing Bid Price for the Common Stock during the ten-day period preceding the conversion date. In addition, one additional share of Common Stock will be issued for each four shares computed in the foregoing manner. For additional information concerning the rights attributed to the Series D Stock, reference is made to the Certificate of Designation filed with the Delaware Secretary of State on November 3, 2004, which was filed with the Securities and Exchange Commission on November 16, 2004 as Exhibit 3 to the Company's Current Report on Form 8-K/A.

Issuer

PARAMCO FINANCIAL GROUP INC

CIK 0001103406

Entity typeother

Related Parties

1
  • filerCIK 0001311199

Filing Metadata

Form type
4
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 6:23 PM ET
Size
6.6 KB