4//SEC Filing
REED PRESLEY 4
Accession 0001140361-09-003612
CIK 0001367722other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 1:30 PM ET
Size
11.7 KB
Accession
0001140361-09-003612
Insider Transaction Report
Form 4
REED PRESLEY
Director
Transactions
- Other
Common Stock
2009-01-06+150,798→ 150,798 total
Holdings
- 1,146,408(indirect: By Trust)
Common Stock
- 100,000
Stock Option
Exercise: $0.25Exp: 2012-01-25→ Common Stock (100,000 underlying) - 1,200,000
Series A Variable Rate Convertible Preferred Stock
Exercise: $0.85→ Common Stock (1,200,000 underlying) - 900,000
Warrants
Exercise: $1.60Exp: 2012-12-14→ Common Stock (900,000 underlying) - 500,000
Stock Options
Exercise: $0.18From: 2008-11-24Exp: 2013-11-24→ Common Stock (500,000 underlying)
Footnotes (5)
- [F1]Received 150,798 shares in lieu of $25,500 in dividends.
- [F2]The Reporting Person's wife is the beneficiary of the trust.
- [F3]On January 25, 2007 the Reporting Person was granted an incentive stock option under the Issuer's 2006 Option Plan to purchase 100,000 shares of common stock at an exercise price of $0.25 per share. The option is exercisable as to (i) 50,000 shares immediately upon date of grant; (ii) 25,000 on 1st anniversary of grant; and (iii) 25,000 on 2nd anniversary of date of grant.
- [F4]Acquired on December 14, 2007 in connection with a private placement financing transaction. The convertible preferred stock is convertible at any time, at the holder's election and has no expiration date.
- [F5]Acquired on December 14, 2007 in connection with the private placement financing transaction with the Issuer. The warrants are exercisable at any time.
Documents
Issuer
SPICY PICKLE FRANCHISING INC
CIK 0001367722
Entity typeother
Related Parties
1- filerCIK 0001383860
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 1:30 PM ET
- Size
- 11.7 KB