4Licensing Corp 4
4 · 4Licensing Corp · Filed Mar 27, 2014
Insider Transaction Report
Form 4
4Licensing CorpFOUR
Massad Wade
Director
Transactions
- Purchase
Common Stock Warrants (right to buy)
2014-03-25+153,061→ 153,061 total(indirect: Footnote)Exercise: $0.98From: 2014-03-25Exp: 2024-03-25→ Common Stock (153,061 underlying)
Footnotes (2)
- [F1]Represents a warrant (the "Warrant") to purchase 153,061 shares of Issuer's common stock that was acquired in connection with the purchase of a Promissory Note dated March 25, 2014. No separate consideration was paid by Cleveland Capital, L.P. for the Warrant.
- [F2]The warrant is held by Cleveland Capital, L.P. The general partner of Cleveland Capital, L.P. is Cleveland Capital Management L.L.C. ("Cleveland Capital"). The reporting person is a member of Cleveland Capital and may have a pecuniary interest in the Warrant and the shares underlying the Warrant. The Reporting Person disclaims beneficial ownership of the Warrant and any shares underlying the Warrant in which he does not have a pecuniary interest.