Flagship Global Health, Inc. 4
4 · Flagship Global Health, Inc. · Filed May 16, 2008
Insider Transaction Report
Form 4
Flood John H III
DirectorPresident and CEO
Transactions
- Other
Convertible Note
2008-05-15−23,148→ 324,075 total(indirect: See Footnote)Exercise: $0.90Exp: 2009-01-31→ Common Stock (23,148 underlying)
Footnotes (3)
- [F1]On January 30, 2006, Flagship Global Health, Inc., a Delaware corporation (the "Issuer") and by OldIron Sports and Entertainment Company, Ltd., a Delaware corporation, of which the Reporting Person is a control person ("OldIron"), entered into that certain Junior Secured Convertible Term Note (the "Note"), pursuant to which OldIron loaned the Issuer $500,000 (the "Loan") and, in consideration, received a Note originally convertible into 555,556 shares of Common Stock of the Issuer.
- [F2]The Note is immediately convertible into common stock at the holder's request.
- [F3]Held by OldIron.