Wolf Jay 4
4 · Mandalay Media, Inc. · Filed Nov 19, 2008
Insider Transaction Report
Form 4
Wolf Jay
DirectorChief Financial Officer10% Owner
Transactions
- Purchase
Warrant
2008-10-23+280,899→ 280,899 total(indirect: See Footnotes)Exercise: $2.67From: 2008-10-23Exp: 2013-10-23→ Common Stock (280,899 underlying) - Purchase
Common Stock, $.0001 par value per share
2008-10-23$2.67/sh+561,798$1,500,001→ 9,861,798 total(indirect: See Footnotes)
Footnotes (2)
- [F1]These securities are owned directly by Trinad Capital Master Fund, Ltd. (the "Master Fund"). These securities may be deemed to be beneficially owned by Jay A. Wolf , as the managing director of and portfolio manager for Trinad Management, LLC, the investment manager of the Master Fund, and as the managing director of Trinad Advisors II, LLC, the general partner of Trinad Capital L.P. Trinad Capital L.P. is a controlling stockholder of the Master Fund. Mr. Wolf disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F2]These securities were issued pursuant to that certain Securities Purchase Agreement, dated as of October 23, 2008, by and among Mandalay Media, Inc. and certain investors.