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Terker Bruce E 4

Accession 0001140361-10-012782

CIK 0001120792other
View on SEC.govCompany Profile

Filed

Mar 17, 8:00 PM ET

Accepted

Mar 18, 5:18 PM ET

Size

52.0 KB

Accession

0001140361-10-012782

Insider Transaction Report

Form 4
Period: 2010-03-16
nFinanSe Inc.NFSE
Terker Bruce E
Director10% Owner
Transactions
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+25,000$250→ 234,245 total(indirect: See footnote)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−25,000→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2007-06-29Exp: 2012-06-29→ Common Stock (25,000 underlying)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−75,000→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2008-06-13Exp: 2013-06-13→ Common Stock (75,000 underlying)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−25,000→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2008-11-26Exp: 2010-11-26→ Common Stock (25,000 underlying)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−2,500$250→ 78,745 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−3,750$375→ 112,495 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+666,666$6,667→ 920,911 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+1,023,630$10,236→ 1,877,875 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−102,363$10,236→ 1,775,512 total(indirect: See footnote)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−37,500→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2008-06-13Exp: 2013-06-13→ Common Stock (37,500 underlying)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−32,500→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2008-07-21Exp: 2013-07-21→ Common Stock (32,500 underlying)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−2,500$250→ 254,245 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−66,666$6,667→ 854,245 total(indirect: See footnote)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−25,000→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2008-12-30Exp: 2010-12-30→ Common Stock (25,000 underlying)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−2,500$250→ 231,745 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+25,000$250→ 256,745 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+37,500$375→ 116,245 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+32,500$325→ 212,495 total(indirect: See footnote)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−1,023,630→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2010-02-23Exp: 2014-08-21→ Common Stock (1,023,630 underlying)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+25,000$250→ 81,245 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+75,000$750→ 187,495 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−7,500$750→ 179,995 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−3,250$325→ 209,245 total(indirect: See footnote)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−666,666→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2009-08-07Exp: 2014-08-07→ Common Stock (666,666 underlying)
Footnotes (10)
  • [F1]On March 16, 2010, Ballyshannon Family Partnership, L.P. (?Ballyshannon Family?) exercised a warrant to purchase 25,000 shares of Common Stock (?Common Stock?). Ballyshannon Family exercised the warrant on a net basis which resulted in nFinanSe Inc. (the ?Company?) retaining 2,500 shares of Common Stock for the warrant exercise price and the Company issued 22,500 shares of Common Stock to Ballyshannon Family.
  • [F10]This warrant was originally issued on August 21, 2009 and became exercisable on February 23, 2010 pursuant to that certain warrant amendment by and between the Company and Ballyshannon Family dated as of February 23, 2010 as discussed in the Company?s Current Report on Form 8-K filed with the Securities and Exchange Commission (the ?SEC?) on March 1, 2010 and in the Schedule 13D filed by the Reporting Person with the SEC on March 3, 2010.
  • [F2]This warrant of the Company was, and the shares of Common Stock of the Company issued upon exercise of the warrant are, held by Ballyshannon Family. Ballyshannon Partners Inc., a Pennsylvania corporation (the ?General Partner?), is the general partner of Ballyshannon Family. Mr. Terker is the president and control person of the General Partner. Mr. Terker has shared voting and dispositive power over the securities held by Ballyshannon Family. Mr. Terker disclaims beneficial ownership of the securities held by Ballyshannon Family except for his pecuniary interest therein.
  • [F3]On March 16, 2010, Ballyshannon Family exercised a warrant to purchase 37,500 shares of Common Stock. Ballyshannon Family used the net exercise feature of the warrant which resulted in the Company retaining 3,750 shares of Common Stock for the warrant exercise price and the Company issued 33,750 shares of Common Stock to Ballyshannon Family.
  • [F4]On March 16, 2010, Ballyshannon Family exercised a warrant to purchase 75,000 shares of Common Stock. Ballyshannon Family used the net exercise feature of the warrant which resulted in the Company retaining 7,500 shares of Common Stock for the warrant exercise price and the Company issued 67,500 shares of Common Stock to Ballyshannon Family.
  • [F5]On March 16, 2010, Ballyshannon Family exercised a warrant to purchase 32,500 shares of Common Stock. Ballyshannon Family used the net exercise feature of the warrant which resulted in the Company retaining 3,250 shares of Common Stock for the warrant exercise price and the Company issued 29,250 shares of Common Stock to Ballyshannon Family.
  • [F6]On March 16, 2010, Ballyshannon Family exercised a warrant to purchase 25,000 shares of Common Stock. Ballyshannon Family exercised the warrant on a net basis which resulted in the Company retaining 2,500 shares of Common Stock for the warrant exercise price and the Company issued 22,500 shares of Common Stock to Ballyshannon Family.
  • [F7]On March 16, 2010, Ballyshannon Family exercised a warrant to purchase 25,000 shares of Common Stock. Ballyshannon Family exercised the warrant on a net basis which resulted in the Company retaining 2,500 shares of Common Stock for the warrant exercise price and the Company issued 22,500 shares of Common Stock to Ballyshannon Family.
  • [F8]On March 16, 2010, Ballyshannon Family exercised a warrant to purchase 666,666 shares of Common Stock. Ballyshannon Family exercised the warrant on a net basis which resulted in the Company retaining 66,666 shares of Common Stock for the warrant exercise price and the Company issued 600,000 shares of Common Stock to Ballyshannon Family.
  • [F9]On March 16, 2010, Ballyshannon Family exercised a warrant to purchase 1,023,630 shares of Common Stock. Ballyshannon Family used the net exercise feature of the warrant which resulted in the Company retaining 102,363 shares of Common Stock for the warrant exercise price and the Company issued 921,267 shares of Common Stock to Ballyshannon Family.

Documents

1 file

Issuer

nFinanSe Inc.

CIK 0001120792

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Entity typeother

Related Parties

1
  • filerCIK 0001384679

Filing Metadata

Form type
4
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 5:18 PM ET
Size
52.0 KB
View on SEC.gov