GRANITO MICHAEL R 4
4 · QUICK MED TECHNOLOGIES INC · Filed Jan 5, 2009
Insider Transaction Report
Form 4
GRANITO MICHAEL R
Director10% Owner
Transactions
- Purchase
Convertible Debt (right to purchase)
2008-11-07+563,337→ 8,038,916 totalExercise: $0.36From: 2008-09-15Exp: 2010-12-31→ Common Stock (563,337 underlying)
Footnotes (1)
- [F1]Effective as of September 15, 2008, Quick-Med Technologies, Inc. entered into a senior convertible debt agreement with Mr. Granito with a total principal amount of $150,000 with convertible prices ranging from $0.19 to $0.36 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 December 31, 2010. This note is convetible into 563,337 shares of common stock upon exercise of conversion.