4//SEC Filing
HIGGINS JOHN DEBREE 4
Accession 0001140361-11-000916
CIK 0000853695other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:22 PM ET
Size
6.7 KB
Accession
0001140361-11-000916
Insider Transaction Report
Form 4
DRI CORPTBUS
HIGGINS JOHN DEBREE
Director
Transactions
- Other
Series H Convertible Preferred Stock
2010-12-31$5000.00/sh+3$15,000→ 76 totalFrom: 2010-12-31→ TBUS Common Stock
Footnotes (3)
- [F1]The Series H Convertible Preferred Stock is convertible at any time by the holder thereof into a number of fully paid and nonassessable shares (calculated as to each conversion to the largest whole share) of the Issuer's common stock determined by multiplying the number of whole and fractional shares of Series H Convertible Preferred Stock to be converted by a fraction, the numerator of which is the liquidation preference of each share of Series H Convertible Preferred Stock and the denominator of which is the conversion price then in effect (currently $2.08). Each share of Series H Convertible Preferred Stock is currently convertible into approximately 2,403 shares of the Issuer's common stock.
- [F2]The Series H Convertible Preferred Stock has no expiration date.
- [F3]Represents shares of Series H Convertible Preferred Stock acquired by the Reporting Person pursuant to dividends payable in additional shares of Series H Convertible Preferred Stock.
Documents
Issuer
DRI CORP
CIK 0000853695
Entity typeother
Related Parties
1- filerCIK 0001256150
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 5:22 PM ET
- Size
- 6.7 KB