4//SEC Filing
ROSENSON ALAN D 4
Accession 0001144204-10-009379
CIK 0000830656other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 8:07 PM ET
Size
8.8 KB
Accession
0001144204-10-009379
Insider Transaction Report
Form 4
ROSENSON ALAN D
Director
Transactions
- Exercise/Conversion
Series A Convertible Preferred Stock
2010-02-11$12.50/sh+2,785$34,813→ 6,785 totalExercise: $0.00From: 2009-02-12→ Common Stock (27,850 underlying) - Exercise/Conversion
15-Month Preferred Stock Purchase Warrant
2010-02-11−9,150→ 0 totalExercise: $12.50From: 2009-02-12Exp: 2010-05-12→ Common Stock (91,500 underlying)
Footnotes (3)
- [F1]The terms of the Series A Convertible Preferred Stock contain a limitation on conversion which prevents the Reporting Person from converting shares of Series A Convertible Preferred Stock into Shares of Common Stock if, after giving effect to the conversion, the Reporting Person would beneficially own more than 4.99% of the outstanding shares of Common Stock. The Reporting Person may elect to increase this limitation to 9.99%, 14.99% or 19.99%, upon not less than 61 days prior written notice to the Company. Since the Reporting Person currently beneficially owns more than 14.99% but less than 19.99% of the outstanding shares of Common Stock, the only conversion limitation that applies to the Reporting Person is the 19.99% limitation. The Reporting Person disclaims beneficial ownership of such securities except to the extent of the Reporting Person's pecuniary interest in such securities.
- [F2]The Series A Convertible Preferred Stock has no expiration date.
- [F3]Individual elected cashless exercise as allowed by affiliates of the Company, thereby receiving fewer preferred shares.
Documents
Issuer
PRESSURE BIOSCIENCES INC
CIK 0000830656
Entity typeother
Related Parties
1- filerCIK 0001472509
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 8:07 PM ET
- Size
- 8.8 KB