Home/Filings/4/0001144204-11-033753
4//SEC Filing

BENOWITZ ADAM 4

Accession 0001144204-11-033753

CIK 0001434589other

Filed

Jun 1, 8:00 PM ET

Accepted

Jun 2, 7:38 PM ET

Size

14.2 KB

Accession

0001144204-11-033753

Insider Transaction Report

Form 4
Period: 2011-05-09
BENOWITZ ADAM
10% Owner
Transactions
  • Award

    10% Senior Secured Convertible Debenture

    2011-05-09(indirect: By Vision Opportunity Master Fund, Ltd.)
    Exercise: $3.50Exp: 2011-06-30See Footnote
Transactions
  • Award

    10% Senior Secured Convertible Debenture

    2011-05-09(indirect: By Vision Opportunity Master Fund, Ltd.)
    Exercise: $3.50Exp: 2011-06-30See Footnote
Transactions
  • Award

    10% Senior Secured Convertible Debenture

    2011-05-09(indirect: By Vision Opportunity Master Fund, Ltd.)
    Exercise: $3.50Exp: 2011-06-30See Footnote
VCAF GP, LLC
10% Owner
Transactions
  • Award

    10% Senior Secured Convertible Debenture

    2011-05-09(indirect: By Vision Opportunity Master Fund, Ltd.)
    Exercise: $3.50Exp: 2011-06-30See Footnote
Transactions
  • Award

    10% Senior Secured Convertible Debenture

    2011-05-09(indirect: By Vision Opportunity Master Fund, Ltd.)
    Exercise: $3.50Exp: 2011-06-30See Footnote
Transactions
  • Award

    10% Senior Secured Convertible Debenture

    2011-05-09(indirect: By Vision Opportunity Master Fund, Ltd.)
    Exercise: $3.50Exp: 2011-06-30See Footnote
Footnotes (3)
  • [F1]Vision Capital Advisors, LLC (the "Investment Manager") serves as investment manager to Vision Opportunity Master Fund, Ltd. ("VOMF"), the direct owner of the subject securities. Adam Benowitz is the Managing Member of the Investment Manager and a Director of VOMF. Robert Thomson currently serves as VOMF's and Vision Capital Advantage Fund, L.P.'s ("VCAF") representative on the Issuer's board of directors; VOMF and VCAF may be deemed a director by virtue of their right to appoint a director. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  • [F2]On May 9, 2011, the Issuer and VOMF amended the Issuer's 10% Senior Secured Debenture ("Debenture") in the outstanding amount of $3,500,000 (plus accrued interest) to be convertible into units comprised of (i) one share of the Issuer's Common Stock, (ii) one Class H Warrant of the Issuer and (iii) one Class I Warrant of the Issuer.
  • [F3]The Debenture becomes convertible as of the closing of the Issuer's public offering of units.

Documents

1 file

Issuer

T3 Motion, Inc.

CIK 0001434589

Entity typeother

Related Parties

1
  • filerCIK 0001411963

Filing Metadata

Form type
4
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 7:38 PM ET
Size
14.2 KB