4//SEC Filing
Lomax Lee 4
Accession 0001157523-09-008509
CIK 0001302177other
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 4:22 PM ET
Size
8.5 KB
Accession
0001157523-09-008509
Insider Transaction Report
Form 4
POKERTEK, INC.PTEK
Lomax Lee
Director
Transactions
- Other
Common Stock
2009-10-15$0.99/sh+16,078$15,917→ 568,603 total - Sale
Common Stock
2009-12-09$0.76/sh−700$532→ 571,851 total - Other
Common Stock
2009-12-01$0.83/sh+3,948$3,277→ 572,551 total
Footnotes (3)
- [F1]Reporting Person received quarterly compensation in the form of common stock, equal to a value of $12,000, for his service on the Board of Directors of PokerTek, Inc., pursuant to a Board Member Agreement with PokerTek.
- [F2]Reporting Person elected to receive interest for the month of September 2009 in the form of common stock at a 13% annual interest rate pursuant to a formula on $500,000 of indebtedness owed by PokerTek for 10 days and $300,000 of indebtedness owed by PokerTek for 20 days. The stock was valued at $0.99 per share under the formula.
- [F3]Reporting Person elected to receive interest for the month of October 2009 in the form of common stock at a 13% annual interest rate pursuant to a formula on $300,000 of indebtedness owed by PokerTek. The stock was valued at $0.83 per share under the formula.
Documents
Issuer
POKERTEK, INC.
CIK 0001302177
Entity typeother
Related Parties
1- filerCIK 0001340729
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 4:22 PM ET
- Size
- 8.5 KB