4//SEC Filing
ICOP DIGITAL, INC 4
Accession 0001140361-07-018573
CIK 0001094572operating
Filed
Sep 23, 8:00 PM ET
Accepted
Sep 24, 4:59 PM ET
Size
20.0 KB
Accession
0001140361-07-018573
Insider Transaction Report
Form 4
PAULSON CAPITAL CORP
Other
Transactions
- Exercise of In-Money
Underwriter Warrants (Right to buy units)
2007-09-21−25,000→ 799,764 total(indirect: See Footnote)Exercise: $9.90From: 2006-01-04Exp: 2010-07-08→ Common Stock and Warrants (100,000 underlying) - Exercise of In-Money
Common Stock
2007-09-21$9.90/sh+50,000$495,000→ 492,300 total(indirect: See Footnote) - Exercise of In-Money
Warrants (Right to buy Common Stock)
2007-09-21$9.90/sh+50,000$495,000→ 849,764 total(indirect: See Footnote)Exercise: $6.19From: 2005-07-08Exp: 2010-07-08→ Common Stock (50,000 underlying)
PAULSON CHESTER L F
Other
Transactions
- Exercise of In-Money
Warrants (Right to buy Common Stock)
2007-09-21$9.90/sh+50,000$495,000→ 849,764 total(indirect: See Footnote)Exercise: $6.19From: 2005-07-08Exp: 2010-07-08→ Common Stock (50,000 underlying) - Exercise of In-Money
Common Stock
2007-09-21$9.90/sh+50,000$495,000→ 492,300 total(indirect: See Footnote) - Exercise of In-Money
Underwriter Warrants (Right to buy units)
2007-09-21−25,000→ 799,764 total(indirect: See Footnote)Exercise: $9.90From: 2006-01-04Exp: 2010-07-08→ Common Stock and Warrants (100,000 underlying)
PAULSON JACQUELINE M
Other
Transactions
- Exercise of In-Money
Warrants (Right to buy Common Stock)
2007-09-21$9.90/sh+50,000$495,000→ 849,764 total(indirect: See Footnote)Exercise: $6.19From: 2005-07-08Exp: 2010-07-08→ Common Stock (50,000 underlying) - Exercise of In-Money
Common Stock
2007-09-21$9.90/sh+50,000$495,000→ 492,300 total(indirect: See Footnote) - Exercise of In-Money
Underwriter Warrants (Right to buy units)
2007-09-21−25,000→ 799,764 total(indirect: See Footnote)Exercise: $9.90From: 2006-01-04Exp: 2010-07-08→ Common Stock and Warrants (100,000 underlying)
Footnotes (3)
- [F1]Form filed by more than one reporting person. In addition to Paulson Capital Corp. ("PLCC"), the following are reporting parties: Chester L.F. Paulson, Jacqueline M. Paulson, Paulson Family LLC ("LLC") and Paulson Investment Company, Inc. ("PICI"). These reporting parties collectively own over 10%. The address for each of the reporting parties is the same as that provided for PLCC. PICI is a registered broker-dealer and a wholly owned subsidiary of PLCC. Mr. and Mrs. Paulson are controlling managers of the LLC, which is a controlling shareholder of PLCC, which is the parent company of PICI. Mr. and Mrs. Paulson and the LLC expressly disclaim any beneficial ownership of securities held in the name of PLCC and PICI.
- [F2]These transactions result from the exercise of 25,000 underwriter warrants for a price of $9.90 per warrant. One (1) underwriter warrant is exercisable into two (2) shares of common stock and (2) warrants. Therefore, Paulson Investment Company, Inc. received 50,000 shares of common stock and 50,000 warrants.
- [F3]These transactions result from the exercise of 50,000 warrants at a price of $6.19 per warrant. These warrants were received as part of the exercise of the underwriter warrants. One (1) warrant is exercisable into one (1) share of common stock. Therefore, Paulson Investment Company, Inc. received 50,000 shares of common stock for exercising the 50,000 warrants.
Documents
Issuer
ICOP DIGITAL, INC
CIK 0001094572
Entity typeoperating
IncorporatedCO
Related Parties
1- filerCIK 0001094572
Filing Metadata
- Form type
- 4
- Filed
- Sep 23, 8:00 PM ET
- Accepted
- Sep 24, 4:59 PM ET
- Size
- 20.0 KB