PROTALEX INC 4
4 · PROTALEX INC · Filed Feb 7, 2014
Insider Transaction Report
Form 4
PROTALEX INCPRTX
KLING ARNOLD P
Director10% Owner
Transactions
- Conversion
Common Stock
2013-08-27$0.23/sh+9,369,565$2,155,000→ 22,576,087 total(indirect: By LLC) - Conversion
3% Convertible Note
2013-08-27(indirect: By LLC)Exercise: $0.23From: 2011-02-11Exp: 2013-12-31→ common stock
Holdings
- 5,000
Common Stock
- 62(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Includes 673,913 shares of common stock from the conversion of the accrued interest of $155,000 on the $2 million 3% convertible note at the per share conversion price of $0.23.
- [F2]These securities are owned directly by Niobe Ventures, LLC and indirectly by Arnold P. Kling as manager of the LLC.
- [F3]These securities are beneficially owned solely by Arnold P. Kling.
- [F4]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.