Home/Filings/4/0001157523-09-006605
4//SEC Filing

Lomax Lee 4

Accession 0001157523-09-006605

CIK 0001302177other

Filed

Sep 24, 8:00 PM ET

Accepted

Sep 25, 1:53 PM ET

Size

8.3 KB

Accession

0001157523-09-006605

Insider Transaction Report

Form 4
Period: 2009-08-20
Lomax Lee
Director
Transactions
  • Other

    Common Stock

    2009-09-10$0.83/sh+240,964$200,000552,525 total
  • Other

    Common Stock

    2009-08-20$0.72/sh+7,710$5,520304,410 total
  • Other

    Common Stock

    2009-09-01$0.77/sh+7,151$5,521311,561 total
Footnotes (3)
  • [F1]Reporting Person elected to receive interest in the form of common stock at a 13% annual interest rate pursuant to a formula on $500,000 of indebtedness owed by PokerTek. The stock was valued at $0.716 per share under the formula.
  • [F2]Reporting Person elected to receive interest in the form of common stock at a 13% annual interest rate pursuant to a formula on $500,000 of indebtedness owed by PokerTek. The stock was valued at $0.772 per share under the formula.
  • [F3]Reporting Person converted $200,000 of indebtedness of PokerTek, Inc. into 240,964 shares of restricted common stock at a conversion price of $0.83 per share.

Issuer

POKERTEK, INC.

CIK 0001302177

Entity typeother

Related Parties

1
  • filerCIK 0001340729

Filing Metadata

Form type
4
Filed
Sep 24, 8:00 PM ET
Accepted
Sep 25, 1:53 PM ET
Size
8.3 KB