POSITRON CORP 4
4 · POSITRON CORP · Filed Sep 12, 2014
Insider Transaction Report
Form 4
POSITRON CORPPOSC
Rooney Patrick G
DirectorPresident10% Owner
Transactions
- Disposition to Issuer
Convertible Promissory Note
2014-08-22$300000.00/sh→ 833,159,595 totalExercise: $0.00From: 2012-10-31→ Common Stock (100,000,000 underlying) - Purchase
Common Stock, par value $0.0001
2014-08-22$0.00/sh+100,000,000$300,000→ 833,159,595 total
Footnotes (3)
- [F1]The shares were issued upon conversion of $300,000 of principal of a convertible promissory note in the original principal amount of $400,000 convertible into an indeterminate number of shares of Common Stock.
- [F2]Does not include 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, 20,000,000 shares of Common Stock options pursuant to 2012 Equity Incentive Plan. It also does not include 750,000,000 shares of Common Stock held by or convertible to by Solaris Opportunity fund, L.P., over which Mr. Rooney holds voting and dispositive power.
- [F3]N/A