CAPITAL GROWTH SYSTEMS INC /FL/ 4/A
4/A · CAPITAL GROWTH SYSTEMS INC /FL/ · Filed Jul 2, 2007
Insider Transaction Report
Form 4/AAmended
GERAS ROBERT T
DirectorCHAIRMAN OF THE BOARD
Transactions
- Purchase
WARRANTS
2006-09-08+0→ 99,942 totalExercise: $0.90From: 2006-09-08Exp: 2011-12-31→ COMMON (99,942 underlying) - Purchase
COMMON STOCK
2006-09-08$0.68/sh+2,019,335$1,373,148→ 4,218,983 total - Purchase
WARRANTS
2006-11-30+0→ 1,032,500 totalExercise: $0.45From: 2006-11-30Exp: 2009-12-31→ COMMON (1,032,500 underlying)
Footnotes (4)
- [F1]Represents 1,036,128 Shares of Common Stock and 668.57996 Shares of Series B Preferred Stock which were automatically convertible into Common Stock (983,207 Shares) on June 25, 2007 with the increase in the authorization of 350,000,000 Shares of Common Stock. Amount of Shares is subject to reduction due to claims of offset resulting from acquisition of 20/20 Technologies, Inc.; these Shares were merger consideration
- [F2]These Warrant were originally issued as Preferred Series A at $1,000 per share for no additional consideration for funding of bridge loan in connection with acquisition of 20/20 Technologies, Inc. On June 25, 2007, the Warrants were automatically converted to Common Shares at a conversion ratio of 1,111.1, with the increase in authorized Common Stock of 350,000,000
- [F3]These Warrants were originally issued as Preferred Series AA at $1,000 per share for no additional consideration for funding of birdge loan in connection with acquisition of CentrePath, Inc. On June 25, 2007, each Series AA Preferred Stock was converted into Common Stock at a conversion rate of 2,222.2, with the increase in authorized Common Stock of 350,000,000.
- [F4]All Warrants issued and outstanding totaled 1,794,322 as of the Date of this filing.