HENDERSON J SHERMAN III 4

Accession 0001144204-11-000814

CIK 0001122063other

View on SEC.gov Company Profile

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 4:31 PM ET

Size

31.3 KB

Accession

0001144204-11-000814

Insider Transaction Report

Form 4

Period: 2007-12-20

BEACON ENTERPRISE SOLUTIONS GROUP INCBEAC.OTC

HENDERSON J SHERMAN III

Director

Transactions

Award
Equity Financing Arrangement Warrants
2008-01-28$1.00/sh+10,000$10,000→ 10,000 total(indirect: By LLC)
Exercise: $1.00From: 2008-01-28Exp: 2013-01-28→ Common Stock (10,000 underlying)
Award
Common Stock
2007-12-20$1.00/sh+30,000$30,000→ 1,030,000 total(indirect: Beneficially owned through LANJK.)
Award
Equity Financing Arrangement Warrants
2008-03-07$1.00/sh+5,000$5,000→ 25,000 total(indirect: By LLC)
Exercise: $1.00From: 2008-03-07Exp: 2013-03-07→ Common Stock (5,000 underlying)
Purchase
Equity Financing Arrangement Warrants
2010-04-15$1.00/sh−250,000$250,000→ 0 total(indirect: By LLC)
Exercise: $1.00From: 2010-04-15Exp: 2013-03-07→ Common Stock (25,000 underlying)
Purchase
Convertible Note
2009-09-09$0.60/sh−416,667$250,000→ 0 total(indirect: By LLC)
Exercise: $0.60From: 2009-09-09Exp: 2012-06-30→ Common Stock (416,667 underlying)
Award
Bridge Warrants
2009-09-09$1.00/sh−312,500$312,500→ 0 total(indirect: By LLC)
Exercise: $1.00From: 2009-09-09Exp: 2012-12-20→ Common Stock (312,500 underlying)
Award
Common Stock
2007-12-20$1.00/sh+1,000,000$1,000,000→ 1,000,000 total
Award
Equity Financing Arrangement Warrants
2008-02-28$1.00/sh+10,000$10,000→ 20,000 total(indirect: By LLC)
Exercise: $1.00From: 2008-02-28Exp: 2013-02-28→ Common Stock (10,000 underlying)
Award
Convertible Note
2007-12-20$0.60/sh+416,667$250,000→ 416,667 total(indirect: By LLC)
Exercise: $0.60From: 2007-12-20Exp: 2012-06-30→ Common Stock (416,667 underlying)
Purchase
Common Stock
2010-03-01$1.29/sh+5,000$6,450→ 1,035,000 total
Award
Bridge Warrants
2008-02-15$1.00/sh+120,000$120,000→ 120,000 total(indirect: By LLC)
Exercise: $1.00From: 2008-02-15Exp: 2012-06-30→ Common Stock (120,000 underlying)
Award
Bridge Warrants
2007-12-20$1.00/sh+312,500$312,500→ 312,500 total(indirect: By LLC)
Exercise: $1.00From: 2007-12-20Exp: 2012-12-20→ Common Stock (312,500 underlying)
Purchase
Bridge Warrants
2009-09-09$1.00/sh−120,000$120,000→ 0 total(indirect: By LLC)
Exercise: $1.00From: 2009-09-09Exp: 2012-06-30→ Common Stock (120,000 underlying)

Footnotes (3)

[F1]Bridge Warrants are earned in conjunction with the callable convertible bridge notes as long as the holder does not call the note or upon conversion to common stock. The Warrants were awarded 5,000 per month from 2/15/2008 to 11/15/2008, with a lump sum award of 70,000 on 11/20/2008. The warrants each have a conversion price of $1.00 and expiration date of 6/30/2012.
[F2]Bridge Warrants were earned in their entirety when the bridge note holder agreed to forebear calling the note until on or after June 30, 2010.
[F3]Equity Financing Arrangement Warrants were earned in conjunction with an arrangement to provide up to $300,000 of equity financing on a monthly basis as of the anniversary date of the commitment. The financing arrangement expired on March 7, 2008.

Documents

1 file

4
form437658_010511163043-.xmlPrimary

Issuer

BEACON ENTERPRISE SOLUTIONS GROUP INC

CIK 0001122063

→

Entity typeother

Related Parties

filerCIK 0001249686

Filing Metadata

Form type: 4
Filed: Jan 4, 7:00 PM ET
Accepted: Jan 5, 4:31 PM ET
Size: 31.3 KB

View on SEC.gov