Doi Tracey 4
4 · EMMAUS LIFE SCIENCES, INC. · Filed Feb 14, 2012
Insider Transaction Report
Form 4
Doi Tracey
Director
Transactions
- Other
Convertible Promissory Note
2012-02-10$108000.00/sh→ 30,000 totalExercise: $3.60From: 2012-02-10Exp: 2013-02-10→ Common Stock (30,000 underlying) - Other
Warrant
2012-02-10+30,000→ 30,000 totalExercise: $1.00From: 2012-02-10Exp: 2015-02-10→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]The principal amount of the Convertible Promissory Note (the "Note") plus unpaid accrued interest (8% per annum) is convertible into shares of the Issuer's common stock. The 30,000 shares represents the number of shares into which the principal amount of the Note may be converted ("Convertible Shares").
- [F2]Warrant, issued in connection with the Note, to purchase 30,000 shares of common stock with an exercise price of $1.00 per share.