SPICKELMIER KEITH D 4
4 · JK Acquisition Corp. · Filed Dec 30, 2009
Insider Transaction Report
Form 4
JK Acquisition Corp.JKAK.OB
SPICKELMIER KEITH D
DirectorPresident10% Owner
Transactions
- Exercise/Conversion
Common Stock
2009-12-29$0.01/sh+54,986,546$439,892→ 55,472,309 total - Exercise/Conversion
Convertible Promissory Note
2009-12-29−54,986,546→ 0 totalExercise: $0.01From: 2008-07-21Exp: 2018-07-21→ Common Stock (54,986,546 underlying) - Exercise/Conversion
Warrants to Purchase
2006-04-01$15.00/sh+0$0→ 100,000 totalExercise: $0.01Exp: 2010-04-10→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]These shares were issued upon the conversion of a convertible promissory note representing an original principal amount of $439,891.90.
- [F2]The convertible promissory note was issued to representing already outstanding indebtedness in the amount of $439,891.90; no additional consideration was given for the note.
- [F3]This entry is for beneficial ownership only.
- [F4]Each warrant is exercisable on the later of (i) the completion of the Company's initial business combination or (ii) April 10, 2007.