Z TRIM HOLDINGS, INC 4
4 · Z TRIM HOLDINGS, INC · Filed Sep 3, 2013
Insider Transaction Report
Form 4
Hershhorn Mark
Director
Transactions
- Conversion
Warrant
2013-08-31$1.50/sh−22,500$33,750→ 0 totalExercise: $1.50From: 2011-01-07Exp: 2016-01-06→ Common Stock (22,500 underlying) - Purchase
Common Stock
2013-08-31$1.30/sh+62,788$81,624→ 527,997 total - Conversion
Warrants
2013-09-02$1.00/sh−24,615$24,615→ 0 totalExercise: $1.00From: 2008-09-02Exp: 2013-09-02→ Common Stock (24,615 underlying) - Conversion
Warrants
2013-08-31$1.50/sh−30,000$45,000→ 0 totalExercise: $1.50From: 2010-11-10Exp: 2015-11-10→ Common Stock (30,000 underlying) - Conversion
Warrant
2013-08-31$1.50/sh−32,328$48,492→ 0 totalExercise: $1.50From: 2011-04-08Exp: 2014-05-13→ Common Stock (32,328 underlying)
Holdings
- 465,209
Common Stock
Footnotes (1)
- [F1]Mr. Hershhorn, pursuant to a limited offering made by the Company to all holders of warrants with an exercise price of $1.50 per share that also contained anti-dilution provisions, agreed to exercise all of his $1.50 warrants on a cashless basis, resulting in net issuance of 38,173 shares of common stock from those cashless exercises. Additionally, Mr. Hershhorn exercised all of his $1.00 warrants for cash. The weighted average exercise price is $1.30.