PRESSURE BIOSCIENCES INC 4
4 · PRESSURE BIOSCIENCES INC · Filed Sep 7, 2011
Insider Transaction Report
Form 4
PAYNE J DONALD
Director
Transactions
- Award
Common Stock
2011-09-02+32,738→ 42,315 total
Footnotes (1)
- [F1]The Company issued Common Stock to each of the Company's independent directors in payment for all, or a portion of, accrued board fees. Mr. Payne was issued common stock for all accrued board fees owed to him. The number of shares issued was based on $0.84 per share, which was the greater of the closing consolidated bid on NASDAQ or the closing price of the Company's Common Stock, on September 1, 2011.