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4//SEC Filing

REICHENBAUM MARK A 4

Accession 0001140361-04-000180

CIK 0000875296other

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 9:04 PM ET

Size

8.6 KB

Accession

0001140361-04-000180

Insider Transaction Report

Form 4
Period: 2004-01-01
Transactions
  • Exercise/Conversion

    Common Stock, PV $.01

    2004-01-01+830,000854,000 total(indirect: By Corporation)
  • Exercise/Conversion

    Preferred Stock, Series C, PV $1.00

    2004-01-01$20.00/sh100,000$2,000,0000 total(indirect: By Corporation)
    From: 2003-12-31Exp: 2003-12-31Common Stock, PV $.01 (830,000 underlying)
Holdings
  • Restricted Option (Right to Buy)

    Exercise: $3.15From: 2002-07-01Exp: 2004-06-11Common Stock, PV $.01 (10,000 underlying)
    10,000
Footnotes (2)
  • [F1]On February 8, 2002, a corporation in which I own a material interest, purchased 100,000 of of the registrant's Series C Convertible Preferred Shares in connection with a private placement offering pursuant to a subscription agreement, for an aggregate of $2,000,000 in cash, which Series C Convertible Preferred Shares were convertible into restricted shares of common stock according to a conversion ratio price (for determing the ratio for converting the Series C Convertible Preferred Stock into restricted shares of common stock), which was $2.40, as adjusted for the reverse split and share consolidation in 2002, as set forth in the Certificate of Designation of Series C Convertible Preferred Stock.
  • [F2]The Certificate of Designation of Series C Convertible Preferred Stock included a Mandatory Conversion Date of January 1, 2004, for all Holders of Series C Convertible Preferred Stock. The 100,000 shares of Series C Convertible Preferred Stock converted into, as adjusted for the reverse split and shares condolidation in 2002, 830,000 shares of restricted common stock.

Documents

1 file

Issuer

URECOATS INDUSTRIES INC

CIK 0000875296

Entity typeother

Related Parties

1
  • filerCIK 0001226391

Filing Metadata

Form type
4
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 9:04 PM ET
Size
8.6 KB