NAZEM FRED F 4
4 · NETFABRIC HOLDINGS, INC · Filed Jun 28, 2006
Insider Transaction Report
Form 4
NETFABRIC HOLDINGS, INCNFBH.BB
NAZEM FRED F
10% Owner
Transactions
- Award
Common Stock
2006-06-08+300,000→ 15,307,477 total - Purchase
Warrants
2006-07-19$1.50/sh+100,000$150,000→ 100,000 totalExercise: $1.50From: 2005-07-19Exp: 2008-07-18→ Common Stock (100,000 underlying) - Purchase
Convertible Debenture
2006-04-19$0.50/sh+100,000$50,000→ 100,000 totalExercise: $0.50From: 2006-04-19Exp: 2006-09-15→ Common Stock (100,000 underlying) - Purchase
Convertible Debenture
2006-06-08$0.50/sh+300,000$150,000→ 300,000 totalExercise: $0.50From: 2006-06-08Exp: 2006-08-04→ Common Stock (300,000 underlying)
Footnotes (3)
- [F1]The Reporting Person purchased a Convertible Debenture from the Company in the amount of $150,000. The Company also issued 300,000 shares as additional consideration for the Convertible Debenture purchased.
- [F2]The Convertible Debenture can be converted into 300,000 shares of the Company's Common Stock at $0.50 per share.
- [F3]These shares include 6,592,212 shares held by the Fred F. Nazem Childrens' Trust, whose trustees are Alexander Nazem, Farhad Nazem and Sohelya Gharib. These shares are held in a trust for the benefit of the Reporting Person's children.