GUSEINOV GARY 4/A
4/A · CYBERDEFENDER CORP · Filed Sep 28, 2009
Insider Transaction Report
Form 4/AAmended
GUSEINOV GARY
DirectorChief Executive Officer10% Owner
Transactions
- Sale
Common Stock
2009-09-24$1.14/sh−43,697$49,815→ 6,188,679 total
Footnotes (2)
- [F1]In accordance with the terms of a Convertible Loan Agreement dated February 6, 2009 between Mr. Guseinov and a lender, the lender has the right to convert the loan, or any part of it, into shares of common stock held by Mr. Guseinov, at a conversion price of $1.14 per share. Shares transferred to the lender upon conversion of the loan are restricted securities. The original loan amount is $250,000. A copy of the Convertible Loan Agreement was attached as exhibit (d)(9) to the Company's Schedule TO which was filed with the Securities and Exchange Commission on June 29, 2009.
- [F2]Not included in this number are 155,000 shares of common stock owned by Mr. Guseinov's spouse. Mr. Guseinov disclaims ownership of these shares.