BAKSA STEPHEN D 4
4 · GBS Enterprises Inc · Filed Apr 30, 2013
Insider Transaction Report
Form 4
BAKSA STEPHEN D
Director
Transactions
- Award
Common Stock Warrants (right to buy)
2013-04-29+100,000→ 100,000 totalExercise: $0.25From: 2013-05-01Exp: 2016-04-30→ Common Stock (100,000 underlying) - Award
Common Stock Warrants (right to buy)
2013-04-29+100,000→ 100,000 totalExercise: $0.25From: 2013-07-01Exp: 2016-06-30→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]On April 29, 2013, the Reporting Person was issued a warrant to purchase 100,000 shares of the Issuer's common stock for $0.25 per share. The warrant vests on May 1, 2013 and expires on April 29, 2013. The warrant was issued in connection with a Secured Promissory Note, dated April 29, 2013, for the principal amount of $200,000, bearing interest at the rate of 3% per annum and maturing on June 30, 2013
- [F2]On April 29, 2013, the Reporting Person was issued an additional warrant to purchase 100,000 shares of the Issuer's common stock for $0.25 per share. The warrant vests on July 1, 2013 and expires on June 30, 2016. The warrant was issued in connection with a Secured Promissory Note dated April 29, 2013, for the principal amount of $200,000 bearing interest at the rate of 3% per annum and maturing on June 30, 2013