Nije Mark 5
5 · ELEPHANT TALK COMMUNICATIONS CORP · Filed Oct 20, 2011
Insider Transaction Report
Form 5
Nije Mark
Chief Financial Officer
Transactions
- Exercise/Conversion
Warrants
2010-11-19−25,000→ 0 totalExercise: $1.00From: 2009-10-30Exp: 2014-10-30→ Common Stock (25,000 underlying) - Award
Common Stock
2010-06-23+172,450→ 695,425 total(indirect: See footnote) - Other
Common Stock
2010-11-19+20,960→ 695,425 total - Exercise/Conversion
Common Stock
2010-12-09+17,103→ 695,425 total
Footnotes (5)
- [F1]Held by LMI Europe B.V, an entity 100% controlled by the Reporting Person.
- [F2]Shares issued upon automatic conversion of the 12% secured promissory note underlying a quarter of one unit purchased for $25,000 by the reporting person (the "Unit"), with such quarter Unit consisting of (i) a 12% secured promissory note in the principal amount of $25,000 and (ii) a five-year warrant to purchase 25,000 shares of the Company's common stock.
- [F3]Shares issued upon cashless exercise of the warrants underlying the Unit.
- [F4]Shares were deemed to be sold pursuant to a cashless exercise of the warrants underlying the quarter Unit.
- [F5]Warrants were acquired as part of the quarter unit.