GRANITO MICHAEL R 4
4 · QUICK MED TECHNOLOGIES INC · Filed Jun 4, 2009
Insider Transaction Report
Form 4
GRANITO MICHAEL R
Director10% Owner
Transactions
- Award
Convertible Debt (right to purchase)
2009-02-26+529,608→ 8,325,176 totalExercise: $0.45From: 2009-02-26Exp: 2010-12-31→ Common Stock (529,608 underlying)
Footnotes (1)
- [F1]Effective February 26, 2009, Quick-Med Technologies, Inc. entered into a senior secured convertible debt agreement with Mr. Granito with a total principal amount of $175,000 with convertible prices ranging from $0.18 to $0.45 per share of common stock 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 convertible into 529,608 shares of common stock upon exercise of conversion.