Greenwell James J 4
4 · MusclePharm Corp · Filed Feb 6, 2013
Insider Transaction Report
Form 4
MusclePharm CorpMSLP.OB
Greenwell James J
Director
Transactions
- Purchase
Series D Convertible Preferred Stock
2013-02-04$8.00/sh+2,500$20,000→ 2,500 totalFrom: 2013-02-04→ Common Stock (5,000 underlying)
Holdings
- 353
Common Stock
Footnotes (3)
- [F1]Each share of Series D Convertible Preferred Stock is convertible into two shares of Common Stock (the "Conversion Rate"). The Conversion Rate is subject to adjustment upon the occurrence of certain events, such as stock splits or the issuance by the Issuer of Common Stock at a price per of less than $4.00 per share of Common Stock.
- [F2]Except upon a mandatory conversion event, the Series D Convertible Preferred Stock is convertible at any time, at the Reporting Person's election, and has not expiration date.
- [F3]On November 26, 2012, the Issuer effected a 1-for-850 reverse stock split of its Common Stock, resulting in the Reporting Person's ownership of 353 shares of Common Stock rather than 300,000 shares of Common Stock.