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4//SEC Filing

Terker Bruce E 4

Accession 0001140361-10-012787

CIK 0001120792other
View on SEC.govCompany Profile

Filed

Mar 17, 8:00 PM ET

Accepted

Mar 18, 5:20 PM ET

Size

69.5 KB

Accession

0001140361-10-012787

Insider Transaction Report

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

    Common Stock

    2010-03-16$0.10/sh−3,250$325→ 812,937 total(indirect: See footnote)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−43,000→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2009-06-11Exp: 2014-06-11→ Common Stock (43,000 underlying)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+225,000$2,250→ 704,937 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−22,500$2,250→ 682,437 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+32,500$325→ 816,187 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+25,000$250→ 860,437 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+100,000$1,000→ 1,047,937 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−4,300$430→ 1,121,637 total(indirect: See footnote)
  • 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)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−2,117,000→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2009-06-11Exp: 2014-06-11→ Common Stock (2,117,000 underlying)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−6,071,770→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2010-02-23Exp: 2014-08-21→ Common Stock (6,071,770 underlying)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−2,500$250→ 857,937 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−10,000$1,000→ 947,937 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−607,177$60,718→ 8,491,530 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−211,700$21,170→ 3,026,937 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+6,071,770$60,718→ 9,098,707 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−2,500$250→ 835,437 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+50,000$500→ 1,087,937 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−5,000$500→ 1,082,937 total(indirect: See footnote)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−112,500→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2008-06-13Exp: 2013-06-13→ Common Stock (112,500 underlying)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−100,000→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2009-05-07Exp: 2014-05-07→ Common Stock (100,000 underlying)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+2,117,000$21,170→ 3,238,637 total(indirect: See footnote)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−225,000→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2007-06-29Exp: 2012-06-29→ Common Stock (225,000 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)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−100,000→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2009-01-23Exp: 2011-01-23→ Common Stock (100,000 underlying)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+43,000$430→ 1,125,937 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)
  • Exercise/Conversion

    Warrant to Purchase Common Stock

    2010-03-16−50,000→ 0 total(indirect: See footnote)
    Exercise: $0.01From: 2009-06-04Exp: 2014-06-04→ Common Stock (50,000 underlying)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+112,500$1,125→ 794,937 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−11,250$1,125→ 783,687 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+25,000$250→ 837,937 total(indirect: See footnote)
  • Exercise/Conversion

    Common Stock

    2010-03-16$0.01/sh+100,000$1,000→ 957,937 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2010-03-16$0.10/sh−10,000$1,000→ 1,037,937 total(indirect: See footnote)
Footnotes (13)
  • [F1]On March 16, 2010, Ballyshannon Partners, L.P. (?Ballyshannon?) exercised a warrant to purchase 225,000 shares of common stock (?Common Stock?). Ballyshannon exercised the warrant on a net basis which resulted in nFinanSe Inc. (the ?Company?) retaining 22,500 shares of Common Stock for the warrant exercise price and the Company issued 202,500 shares of Common Stock to Ballyshannon.
  • [F10]On March 16, 2010, Ballyshannon exercised a warrant to purchase 43,000 shares of Common Stock. Ballyshannon exercised the warrant on a net basis which resulted in the Company retaining 4,300 shares of Common Stock for the warrant exercise price and the Company issued 38,700 shares of Common Stock to Ballyshannon.
  • [F11]On March 16, 2010, Ballyshannon exercised a warrant to purchase 2,117,000 shares of Common Stock. Ballyshannon exercised the warrant on a net basis which resulted in the Company retaining 211,700 shares of Common Stock for the warrant exercise price and the Company issued 1,905,300 shares of Common Stock to Ballyshannon.
  • [F12]On March 16, 2010, Ballyshannon exercised a warrant to purchase 6,071,770 shares of Common Stock. Ballyshannon used the net exercise feature of the warrant which resulted in the Company retaining 607,177 shares of Common stock for the warrant exercise price and the Company issued 5,464,593 shares of Common Stock to Ballyshannon.
  • [F13]This warrant was originally issued on August 21, 2009 and became exercisable on February 23, 2010 pursuant to the warrant amendment by and between the Company and Ballyshannon 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. Ballyshannon Partners Inc., a Pennsylvania corporation (the ?General Partner?), is the general partner of Ballyshannon. 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. Mr. Terker disclaims beneficial ownership of the securities held by Ballyshannon except for his pecuniary interest therein.
  • [F3]On March 16, 2010, Ballyshannon exercised a warrant to purchase 112,500 shares of Common Stock. Ballyshannon used the net exercise feature of the warrant which resulted in the Company retaining 11,250 shares of Common Stock for the warrant exercise price and the Company issued 101,250 shares of Common Stock to Ballyshannon.
  • [F4]On March 16, 2010, Ballyshannon exercised a warrant to purchase 32,500 shares of Common Stock. Ballyshannon 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.
  • [F5]On March 16, 2010, Ballyshannon exercised a warrant to purchase 25,000 shares of Common Stock. Ballyshannon 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.
  • [F6]On March 16, 2010, Ballyshannon exercised a warrant to purchase 25,000 shares of Common Stock. Ballyshannon 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.
  • [F7]On March 16, 2010, Ballyshannon exercised a warrant to purchase 100,000 shares of Common Stock. Ballyshannon exercised the warrant on a net basis which resulted in the Company retaining 10,000 shares of Common Stock for the warrant exercise price and the Company issued 90,000 shares of Common Stock to Ballyshannon.
  • [F8]On March 16, 2010, Ballyshannon exercised a warrant to purchase 100,000 shares of Common Stock. Ballyshannon exercised the warrant on a net basis which resulted in the Company retaining 10,000 shares of Common Stock for the warrant exercise price and the Company issued 90,000 shares of Common Stock to Ballyshannon.
  • [F9]On March 16, 2010, Ballyshannon exercised a warrant to purchase 50,000 shares of Common Stock. Ballyshannon exercised the warrant on a net basis which resulted in the Company retaining 5,000 shares of Common Stock for the warrant exercise price and the Company issued 45,000 shares of Common Stock to Ballyshannon.

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, 5:20 PM ET
Size
69.5 KB
View on SEC.gov