4//SEC Filing
REED PATRICIA STACEY 4
Accession 0001140361-11-049849
CIK 0001367722other
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 4:10 PM ET
Size
18.0 KB
Accession
0001140361-11-049849
Insider Transaction Report
Form 4
REED PATRICIA STACEY
Director10% Owner
Transactions
- Award
Common Stock
2011-10-17+234,375→ 21,146,294 total
Holdings
- 3,919,960
Convertible Note due 5/1/13
Exercise: $0.13From: 2009-09-30Exp: 2013-05-01→ Common Stock (3,919,960 underlying) - 1,146,408(indirect: By Trust)
Common Stock
- 0
Convertible Note due 5/1/13
Exp: 2013-05-01→ Warrants - 6,153,840
Warrants
Exercise: $0.19From: 2009-09-22Exp: 2014-09-22→ Common Stock (6,153,840 underlying) - 200,000
Stock Options (Common Stock)
Exercise: $0.09From: 2010-12-31Exp: 2015-12-31→ Common Stock (200,000 underlying) - 2,250,000
Warrants
Exercise: $0.08From: 2009-12-14Exp: 2014-09-22→ Common Stock (2,250,000 underlying) - 0
Convertible Note due 5/1/2013
Exercise: $0.08From: 2011-04-15Exp: 2013-05-01→ Common Stock - 0
Convertible Note due 5/1/2013
Exp: 2013-05-01→ Warrants - 254,797
Convertible Note due 5/1/13
From: 2009-09-30Exp: 2013-05-01→ Warrants (254,797 underlying) - 0
Convertible Note due 5/1/13
Exercise: $0.10From: 2010-05-10Exp: 2013-05-01→ Common Stock
Footnotes (5)
- [F1]On May 10, 2010, Mrs. Reed became a holder of a convertible note for $509,594.79 from the Issuer. The note is convertible at any time into shares at the rate of $0.13 per share. In addition, for every $2.00 converted, the note holders will receive a warrant to purchase 1 share of common stock with the exercise price to be 120% of the average of the volume weighted average prices for the 10 trading days preceding conversion.
- [F2]On May 10, 2010, Mrs. Reed was issued a convertible note for a $2,000,000 revolving line of credit from the Issuer. The note is convertible at any time into shares at the rate of $0.105 per share. In addition, for every 2 shares of common stock issued on conversion, Mrs. Reed will receive a warrant to purchase 1 share of common stock with the exercise price to be 120% of the average of the value weighted average prices for the 10 trading days preceding conversion.
- [F3]Shares issued in lieu of compensation.
- [F4]Includes shares issued to Mrs. Reed's spouse.
- [F5]On April 15, 2011, Mrs. Reed was issued a convertible note for a $500,000 revolving line of credit from the Issuer. The note is convertible at any time into shares at the rate of $0.08 per share. In addition, for every 2 shares of common stock issued on conversion, Mrs. Reed will receive a warrant to purchase 1 share of common stock with the exercise price to be 120% of the average of the volume weighted average prices for the 10 trading days preceding conversion.
Documents
Issuer
SPICY PICKLE FRANCHISING INC
CIK 0001367722
Entity typeother
Related Parties
1- filerCIK 0001488760
Filing Metadata
- Form type
- 4
- Filed
- Oct 18, 8:00 PM ET
- Accepted
- Oct 19, 4:10 PM ET
- Size
- 18.0 KB