KLING ARNOLD P 4
4 · PROTALEX INC · Filed Feb 14, 2011
Insider Transaction Report
Form 4
PROTALEX INCPRTX
KLING ARNOLD P
Director10% Owner
Transactions
- Conversion
Common Stock
2011-02-11$0.23/sh+4,347,826$1,000,000→ 13,043,478 total(indirect: By LLC) - Purchase
3% Convertible Note
2011-02-11$2000000.00/sh(indirect: By LLC)Exercise: $0.23From: 2011-02-11Exp: 2012-12-31→ common stock - Conversion
3% Convertible Note
2011-02-11(indirect: By LLC)Exercise: $0.23From: 2009-11-11Exp: 2012-11-13→ common stock
Holdings
- 5,000
Common Stock
- 62(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]These securities are beneficially owned solely by Arnold P. Kling.
- [F2]These securities are owned directly by Niobe Ventures, LLC and indirectly by Arnold P. Kling as manager of the LLC.
- [F3]These shares are beneficially owned by Arnold P. Kling's wife as custodian for their children under the Uniform Gifts to Minors Act. Mr. Kling disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for the purposes of Section 16 or for any other purpose.
- [F4]After adjustment for a 1 for 5 reverse split of the Issuer's common stock effective as of December 8, 2010.