4//SEC Filing
DATARAM CORP 4
Accession 0001171520-14-000560
$USAUCIK 0000027093operating
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 10:45 AM ET
Size
15.9 KB
Accession
0001171520-14-000560
Insider Transaction Report
Form 4
DATARAM CORPDRAM
Giordano Rose Ann
Director
Transactions
- Award
Subordinated Secured Convertible Bridge Note
2014-07-15$2.94/sh+3,401$9,999→ 3,401 totalExercise: $2.94→ Common Stock - Award
Common Stock Warrants
2014-07-15$2.94/sh+4,000$11,760→ 4,000 totalExercise: $2.94→ Common Stock - Award
Common Stock Warrants
2014-07-15$3.00/sh+4,000$12,000→ 4,000 totalExercise: $3.00→ Common Stock - Award
Common Stock Warrants
2014-07-15$3.50/sh+4,000$14,000→ 4,000 totalExercise: $3.50→ Common Stock
Holdings
- 6,666
Options
Exercise: $15.42From: 2010-09-24Exp: 2020-09-24→ Common Stock (6,666 underlying) - 893
Common Stock, $1.00 par value
- 2,666
Options
Exercise: $11.94From: 2009-09-25Exp: 2019-09-25→ Common Stock (2,666 underlying)
Footnotes (3)
- [F1]The number of shares, options and respective exercise prices have been adjusted to reflect a 1-for-6 reverse stock split effective as of March 15, 2013. Options were granted at an exercise price equal to the closing market price of the Company's common stock on the date of grant.
- [F2]On July 15, 2014, the reporting person entered into a Subordinated Secured Convertible Bridge Note and Warrant Purchase Agreement (the "Agreement") governing the issuance of up to $750,000 aggregate principal amount of Subordinated Secured Convertible Bridge Notes (the "Notes") and Warrants. Pursuant to the terms of the Purchase Agreement, the reporting person purchased $10,000 of Notes and Warrants to purchase 12,000 shares of the Company's Common Stock at exercise prices between $2.94 and $3.50 per share. The Warrants are exercisable for a five (5) year period commencing on the six month anniversary from the date of issuance.
- [F3]The Notes are convertible at any time prior to maturity into shares of the Company's common stock at the rate of one share for each $2.94 of principal amount of the Notes. The Notes mature on October 15, 2014 (subject to a three (3) month extension at the option of a majority in principal amount of the Notes).
Documents
Issuer
DATARAM CORP
CIK 0000027093
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000027093
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 10:45 AM ET
- Size
- 15.9 KB