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4//SEC Filing

Kroll Martin 4

Accession 0001144204-10-036223

CIK 0001373988other

Filed

Jun 30, 8:00 PM ET

Accepted

Jul 1, 7:13 PM ET

Size

8.6 KB

Accession

0001144204-10-036223

Insider Transaction Report

Form 4
Period: 2010-06-29
Kroll Martin
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Warrant (right to buy)

    2010-06-293,2641,736 total
    Exercise: $5.00Exp: 2011-03-04Common Stock, par value $.0001 per share (1,088 underlying)
  • Exercise/Conversion

    Common Stock, par value $.0001 per share

    2010-06-29+1,0888,971 total
Footnotes (3)
  • [F1]The warrants are exercisable during the period commencing on October 31, 2008 and ending on March 4, 2011, provided that a registration statement with respect to the shares of common stock issuable upon exercise of the warrants is effective under the Securities Act of 1933, as amended.
  • [F2]Each entry reporting a transaction reflects a component of a special tender offering, open until June 29, 2010, to the holders of up to 8,000,000 of the Company's (i) publicly traded warrants to purchase the Company's common stock, which were issued by the Company in its initial public offering and (ii) warrants to purchase shares of Common Stock sold by the Company in a private placement that closed simultaneously with the Company's initial public offering, the opportunity to exercise such warrants on a cashless basis by tendering three (3) warrants for one (1) share of common stock. Directors and officers of the Company agreed to participate in the offer to the same extent as other warrant holders.
  • [F3]Includes 2,883 shares issued as part of a temporary salary reduction program pursuant to which the Reporting Person elected to reduce his salary paid in cash by 20% and receive a portion of the foregone cash compensation in the form of common shares restricted from sale for a period of two years from the date of grant.

Documents

1 file

Issuer

Essex Rental Corp.

CIK 0001373988

Entity typeother

Related Parties

1
  • filerCIK 0001449993

Filing Metadata

Form type
4
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 7:13 PM ET
Size
8.6 KB