Z TRIM HOLDINGS, INC 4
4 · Z TRIM HOLDINGS, INC · Filed Sep 3, 2013
Insider Transaction Report
Form 4
Israel Brian S
Director
Transactions
- Disposition to Issuer
Warrant
2013-08-22$1.50/sh−30,000$45,000→ 0 totalExercise: $1.50From: 2009-04-21Exp: 2014-04-22→ Common Stock (30,000 underlying) - Disposition to Issuer
Warrant
2013-08-22$1.25/sh−5,431$6,789→ 9,000 totalExercise: $1.50From: 2011-04-08Exp: 2014-05-13→ Common Stock (12,931 underlying) - Award
Common Stock
2013-08-22$1.50/sh+15,944$23,916→ 256,616 total
Holdings
- 27,000
Warrant
Exercise: $1.25From: 2011-01-07Exp: 2016-01-06→ Common Stock (27,000 underlying) - 240,672
Common Stock
Footnotes (2)
- [F1]Mr. Israel acquired the shares as a result of excersing 35,431 warrants pursuant to a cashless exercise offer made to holders of all $1.50 Z Trim warrants.
- [F2]As a result of the anti-dilution provisions contained in the Warrant, the exercise price has been reset to $1.25 and 1 additional warrant has been issued for every 5 warrants outstanding as of August 31, 2013.