PRESSURE BIOSCIENCES INC 4
4 · PRESSURE BIOSCIENCES INC · Filed Oct 7, 2011
Insider Transaction Report
Form 4
PAYNE J DONALD
Director
Transactions
- Conversion
Common Stock
2011-10-06$1.15/sh+16,230$18,665→ 25,807 total - Conversion
Series A Convertible Preferred Stock
2011-10-06−1,623→ 0 totalExercise: $1.15From: 2009-02-12→ Common Stock (16,230 underlying)
Footnotes (2)
- [F1]The Series A Convertible Preferred Stock has no expiration date.
- [F2]Pursuant to a certain Securities Purchase Agreement, dated February 12, 2009, among the Company, the Reporting Person and the other purchasers named therein, the Reporting Person purchased 1,305 "Units" at a purchase price of $11.50 per Unit. Each Unit consisted of (i) one share of Series A Convertible Preferred Stock, (ii) a warrant to purchase one share of Series A Convertible Preferred Stock, which warrant is exercisable until May 12, 2010 and (iii) a warrant to purchase 10 shares of Common Stock, which warrant is exercisable until August 12, 2015.