BAYWOOD INTERNATIONAL INC 4
4 · BAYWOOD INTERNATIONAL INC · Filed Jan 23, 2008
Insider Transaction Report
Form 4
BAYWOOD INTERNATIONAL INCBAYW.OB
Tsiang David T R
Director
Transactions
- Conversion
Common Stock
2008-01-18$0.75/sh+266$200→ 62,766 total - Conversion
Common Stock
2008-01-18$0.80/sh+62,500$50,000→ 62,500 total - Conversion
Series I Preferred Stock
2008-01-18−5,000→ 0 totalExercise: $0.80From: 2007-03-30→ Common Stock (62,500 underlying)
Footnotes (6)
- [F1]These shares were issued upon the conversion of 5,000 Series I Preferred Shares owned directly by the reporting person.
- [F2]The conversion price for Series I Preferred Stock was adjusted from $0.04 to $0.80 per share upon the completion of a 20 for 1 reverse stock split by the Issuer.
- [F3]These shares were issued upon the exercise of the reporting person?s right to convert cash dividend payments on Series I Preferred Stock to common stock. The reporting person converted $200 in dividend payments at a conversion price of $0.75 per share, based on the market price on the transaction date.
- [F4]N/A
- [F5]The reporting person acquired these shares in a private placement on March 30, 2007.
- [F6]The reporting person still holds 3,500 shares of Series I Preferred Stock indirectly through his IRA account, as previously reported on a Form 4 filed July 26, 2007.