POSITRON CORP 4/A
4/A · POSITRON CORP · Filed Nov 22, 2013
Insider Transaction Report
Form 4/AAmended
POSITRON CORPPOSC.OB
Rooney Patrick G
DirectorPresident10% Owner
Transactions
- Purchase
Series H Jr. Conv. Pref. Stock, par value $0.01 per share
2013-11-07+5,000,000→ 10,000,000 total→ Common Stock
Footnotes (2)
- [F1]The Series H Junior Convertible Preferred Stock is convertible into shares of common stock at a rate of the number of shares being converted multiplied by $0.10 and divided by 70% of the daily weighted volume average price for the three trading days prior to conversion. The Series H Preferred Stock is entitled to 200 votes per share on all matters which holders of Common Stock are entitled to vote.
- [F2]Does not include 48,181,818 shares of common stock owned directly, 70,000,000 shares of Common Stock issuable upon conversion of 700,000 Series B shares that may be acquired pursuant to options, warrants to purchase 72,500,000 shares of Common Stock, and 20,000,000 shares of Common Stock options pursuant to 2012 Equity Incentive Plan. It also does not include 1,003,300,000 shares of Common Stock held by or convertible to by Solaris Opportunity fund, L.P., over which Mr. Rooney holds voting and dispositive power.