GRANITO MICHAEL R 4
4 · QUICK MED TECHNOLOGIES INC · Filed Oct 8, 2009
Insider Transaction Report
Form 4
GRANITO MICHAEL R
Director10% Owner
Transactions
- Award
Convertible Debt (right to purchase)
2009-05-12+718,497→ 9,579,530 totalExercise: $0.63From: 2009-05-12Exp: 2010-12-31→ Common Stock (718,497 underlying)
Footnotes (1)
- [F1]Effective May 12, 2009, Quick-Med Technologies, Inc. entered into a senior convertible debt agreement with Mr. Granito with a total principal amount of $375,000 with convertible prices ranging from $0.42 to $0.63 per share of common stock on the dates at which the Advances were received between the period from May 12, 2009 to August 27, 2009, by the Company. The senior convertible note has a maturity date of December 31, 2010. This note is convertible into 718,497 shares of common stock upon exercise of conversion.