Home/Filings/4/0001144204-11-005585
4//SEC Filing

Nathan Richard 4

Accession 0001144204-11-005585

CIK 0001300578other

Filed

Feb 1, 7:00 PM ET

Accepted

Feb 2, 7:49 PM ET

Size

10.5 KB

Accession

0001144204-11-005585

Insider Transaction Report

Form 4
Period: 2011-01-28
Nathan Richard
DirectorChief Executive Officer/Presid
Transactions
  • Purchase

    6% Convertible Debenture

    2011-01-28$50000.00/sh+50,000$2,500,000,00050,000 total
    Exercise: $0.25From: 2011-01-28Exp: 2013-01-28Common Stock (200,000 underlying)
  • Purchase

    Common Stock Purchase Warrant (Right to Buy)

    2011-01-28+500,000500,000 total
    Exercise: $0.25From: 2011-01-28Exp: 2015-01-28Common Stock (500,000 underlying)
  • Purchase

    Replacement Common Stock Purchase Warrant (Right to Buy)

    2011-01-28+250,000250,000 total
    Exp: 2015-01-28Common Stock (250,000 underlying)
Footnotes (4)
  • [F1]On January 28, 2011, Reporting Person participated in the offering of Issuer's 6% Convertible Debentures and common stock purchase warrants ("Units"). The transaction was previously disclosed by the Issuer on a Current Report filed on Form 8-K with the SEC on November 16, 2010.
  • [F2]Warrants issued as part of the Units.
  • [F3]The exercise price of the Replacement Warrant will be the greater of: (i) $0.25, or (ii) the closing price of the Issuers common stock on the day the Common Stock Purchase Warrant is exercised.
  • [F4]The Replacement Warrant will be issued and exercisable upon the exercise of the Common Stock Purchase Warrant.

Documents

1 file

Issuer

INNOVATIVE CARD TECHNOLOGIES INC

CIK 0001300578

Entity typeother

Related Parties

1
  • filerCIK 0001424222

Filing Metadata

Form type
4
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 7:49 PM ET
Size
10.5 KB