4//SEC Filing
Schad Ronald 4
Accession 0001144204-10-036225
CIK 0001373988other
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 7:15 PM ET
Size
10.5 KB
Accession
0001144204-10-036225
Insider Transaction Report
Form 4
Schad Ronald
DirectorCEO & President
Transactions
- Exercise/Conversion
Warrant (right to buy)
2010-06-29+39,804→ 21,159 totalExercise: $5.00Exp: 2011-03-04→ Common Stock, par value $.0001 per share (13,268 underlying) - Exercise/Conversion
Common Stock, par value $.0001 per share
2010-06-29+13,268→ 73,068 total
Holdings
- 1,777(indirect: By Son)
Common Stock, par value $.0001 per share
Footnotes (5)
- [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 5,538 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 30% 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.
- [F4]Does not include 1,777 shares which the Reporting Person may be deemed to indirectly beneficially own as of date hereof through his daughter.
- [F5]Does not include 1,777 shares which the Reporting Person may be deemed to indirectly beneficially own as of date hereof through his son.
Documents
Issuer
Essex Rental Corp.
CIK 0001373988
Entity typeother
Related Parties
1- filerCIK 0001449996
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 7:15 PM ET
- Size
- 10.5 KB