5//SEC Filing
SURGICARE INC/DE 5
Accession 0001157523-04-001116
CIK 0000755113operating
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 12:42 PM ET
Size
12.3 KB
Accession
0001157523-04-001116
Insider Transaction Report
Form 5
SCOTT PHILLIP C
Other
Transactions
- Purchase
All Classes
2002-11-10+0→ 0 total - Purchase
Common Stock
2003-01-31$0.45/sh+80,000$36,000→ 80,000 total(indirect: See Footnote) - Purchase
Warrant
2002-11-10+0→ 3,244,616 totalExercise: $0.32Exp: 2012-11-10→ Common Stock (3,244,616 underlying) - Purchase
Warrant
2003-01-31+0→ 40,000 totalExercise: $0.45From: 2003-01-31Exp: 2008-01-31→ Common Stock (40,000 underlying)
Footnotes (4)
- [F1]The event triggering the filer's obligation to file a Form 3 was his appointment as Chief Financial Officer of the issuer on November 10, 2002.
- [F2]All securities held indirectly are owned by Scott River Capital Trading Limited, a California limited partnership owned approximately 99.5% by the filer (as a limited partner) and .5% by Doty Scott Enterprises, Inc., a California entity which is the general partner and is wholly-owned by the filer.
- [F3]The warrants listed in line one of Table II were issued to the filer pursuant to his employment agreement and a related warrant agreement with SurgiCare, Inc., dated November 10, 2002. The filer has the right to purchase a total of 811,154 common shares beginning November 10, 2002. During each month beginning December 10, 2002 through October 10, 2005, the filer has the right to purchase 67,596 common shares. The filer has the right to purchase 67,602 common shares beginning November 10, 2005 .
- [F4]The warrants listed on line two of Table II were attached to the 80,000 shares purchased on January 31, 2003. The private placement memorandum pursuant to which the filer purchased the securities set a $.90 purchase price, which included two common shares (as listed in line two of Table I) and one warrant to purchase common stock (listed in line two of Table II). The total purchase price of the 80,000 common shares and the 40,000 attached warrants was $36,000.
Documents
Issuer
SURGICARE INC/DE
CIK 0000755113
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000755113
Filing Metadata
- Form type
- 5
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 12:42 PM ET
- Size
- 12.3 KB