Harrison John 4
4 · HEALTH BENEFITS DIRECT CORP · Filed Mar 30, 2010
Insider Transaction Report
Form 4
HEALTH BENEFITS DIRECT CORPHBDT.OB
Harrison John
Director
Transactions
- Purchase
Series A Convertible Preferred Stock
2010-03-26+1,250→ 1,250 totalFrom: 2010-03-26→ Common Stock (25,000 underlying) - Purchase
Warrant to Purchase Common Stock
2010-03-26+25,000→ 25,000 totalExercise: $0.20From: 2010-03-26Exp: 2015-03-26→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]Each share of Series A Convertible Preferred Stock is convertible into 20 shares of common stock, subject to certain adjustments.
- [F2]There is no expiration date for the conversion of the Series A Convertible Preferred Stock.
- [F3]The Series A Convertible Preferred Stock and warrants to purchase common stock were purchased in a rights offering of Units, with each Unit consisting of 250 shares of Series A Convertible Preferred Stock and a five-year warrant to purchase 5,000 shares of common stock at a subscription price of $1,000 per Unit.