QUICK MED TECHNOLOGIES INC 4

4 · QUICK MED TECHNOLOGIES INC · Filed Apr 29, 2008

Form 4

Period: 2008-02-12

Director10% Owner

Transactions

Award
Stock Options (right to purchase)
2008-04-18+35,549→ 5,825,793 total
Exercise: $0.42From: 2008-04-18Exp: 2013-04-18→ Common Stock (35,549 underlying)
Purchase
Convertible Debt (right to purchase)
2008-02-12+742,257→ 5,790,244 total
Exercise: $0.55From: 2008-02-12Exp: 2010-10-30→ Common Stock (742,257 underlying)
Award
Stock Options (right to purchase)
2008-04-18+35,548→ 5,861,341 total
Exercise: $0.42From: 2009-04-18Exp: 2013-04-18→ Common Stock (35,548 underlying)

Holdings

Footnotes (3)

[F1]The amount beneficially owned by Mr. Granito consists of 9,701,203 shares of the Company common stock, stock options to purchase 520,260 shares of common stock, 5,376,629 shares of common stock issuable upon conversions of Convertible Notes.
[F2]Effective as of October 30, 2007, Quick-Med Technologies, Inc. entered into a convertible debt agreement with Mr. Granito with a total principal amount of $300,000 with convertible prices ranging from $0.32 to $0.55 per share of common stock depending on the dates at which the Advances were received by the Company. The convertible note has a maturity date of October 30, 2010. This note is convetible into 742,128 shares of common stock upon exercise of conversion.
[F3]On April 18, 2008, Quick-Med Technologies, Inc. granted options to purchase 106,645 shares of common stock at $0.42 per share to Mr. Granito for his services as a director, and committee members. Expiration date is April 18, 2013. Stock options are scheduled to be vested as follows: 1/3 on the grant date; 1/3 on April 18, 2009, and 1/3 on April 18, 2010.

Documents

1 file