Mulvihill Christopher 4
4 · Boomerang Systems, Inc. · Filed Nov 3, 2011
Insider Transaction Report
Form 4
Mulvihill Christopher
President10% Owner
Transactions
- Award
Warrant (right to buy)
2011-11-01+341,412→ 341,412 totalExercise: $4.25From: 2011-11-01Exp: 2016-11-01→ Common Stock (341,412 underlying) - Award
Convertible Note
2011-11-01+341,412→ 0 totalExercise: $4.25From: 2011-11-01Exp: 2016-11-01→ Common Stock (341,412 underlying)
Footnotes (2)
- [F1]The securities were purchased from the Issuer in exchange for the cancellation of $1,451,000 of indebtedness.
- [F2]Represents a $1,451,000 principal amount convertible note, convertible into shares of common stock at a conversion rate of $4.25 per share, subject to adjustment.