4//SEC Filing
Beard Robert W 4
Accession 0001144204-09-031171
CIK 0001024452other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 1:27 PM ET
Size
5.9 KB
Accession
0001144204-09-031171
Insider Transaction Report
Form 4
SMF ENERGY CORPFUEL
Beard Robert W
See Remarks
Transactions
- Other
Common Stock
2009-06-03$0.23/sh+1,438$331→ 7,438 total
Footnotes (1)
- [F1]On May 5, 2009, SMF Energy Corporation (the "Company") accepted a series of Payment in Kind Agreements (the "PIK Agreements") effective as of April 27, 2009, tendered by each of the various stockholders (the "Preferred Stockholders") of the Company's Series A, B and C Convertible Preferred Stock. The PIK Agreements permit the Company to pay the cash dividends due to the Preferred Stockholders in unregistered shares of the Company's common stock (the "Shares"). In accordance with the PIK Agreements, on June 3, 2009, the reporting person was issued 1,438 Shares. The Shares were valued at $0.23 per share, the official closing price on the Nasdaq Stock Market on April 24, 2009, the trading day immediately preceding the effective date of the PIK Agreements.
Documents
Issuer
SMF ENERGY CORP
CIK 0001024452
Entity typeother
Related Parties
1- filerCIK 0001333859
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 1:27 PM ET
- Size
- 5.9 KB