Von Tscharner Richard 4
4 · Plastinum Polymer Technologies Corp. · Filed Sep 29, 2009
Insider Transaction Report
Form 4
Von Tscharner Richard
10% Owner
Transactions
- Other
Convertible Note
2009-09-25$2000000.00/sh+1$2,000,000→ 1 totalExercise: $0.24→ Common Stock (8,333,333 underlying)
Footnotes (3)
- [F1]On September 25, 2009, the Issuer sold and issued to the Reporting Person a Convertible Promissory Note in the principal amount of $2,000,000 maturing on June 15, 2012 (the "Note"). The Note is convertible into shares of Common Stock at an initial conversion price of $0.24 per share or a total of 8,333,333 shares, subject to adjustment as contained in the Note.
- [F2]Immediately.
- [F3]Not applicable.