AUTHENTIDATE HOLDING CORP 4
4 · AUTHENTIDATE HOLDING CORP · Filed Mar 22, 2017
Insider Transaction Report
Form 4
Roshan Hanif A
DirectorChairman
Transactions
- Award
Convertible Note
2017-03-20Exercise: $2.03From: 2017-03-20Exp: 2018-03-20→ Common Stock (125,821 underlying)
Footnotes (2)
- [F1]Effective on March 20, 2017 the registrant entered into a transaction with the reporting person to exchange a preexisting note in the aggregate principal amount of $250,000 that was held by the reporting person for a new note in the aggregate principal amount of $255,417 that is convertible into shares of the registrant's common stock. The new note is convertible at the initial conversion rate of $2.03 per share.
- [F2]Represents the number of shares of common stock issuable upon conversion of the principal amount of the convertible note at the initial conversion price of the convertible note.