4//SEC Filing
DATARAM CORP 4
Accession 0001171520-14-000568
$USAUCIK 0000027093operating
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 10:52 AM ET
Size
18.3 KB
Accession
0001171520-14-000568
Insider Transaction Report
Form 4
DATARAM CORPDRAM
Sheerr David Samuel
General Manager MMB Unit
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$3.50/sh+4,000$14,000→ 4,000 totalExercise: $3.50→ Common Stock - Award
Common Stock Warrants
2014-07-15$3.00/sh+4,000$12,000→ 4,000 totalExercise: $3.00→ Common Stock
Holdings
- 1,000
Common Stock, $1.00 par value
- 16,667
Options
Exercise: $10.56From: 2011-09-13Exp: 2016-09-23→ Common Stock (16,667 underlying) - 16,667
Options
Exercise: $4.14From: 2013-07-19Exp: 2018-07-19→ Common Stock (16,667 underlying) - 8,333
Options
Exercise: $15.42From: 2010-09-24Exp: 2015-09-24→ Common Stock (8,333 underlying) - 16,667
Options
Exercise: $6.36From: 2012-09-22Exp: 2017-09-22→ Common Stock (16,667 underlying)
Footnotes (3)
- [F1]The number of options and respective prices have been adjusted to reflect a 1-for-6 reverse stock split effective as of March 15, 2013.
- [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, 10:52 AM ET
- Size
- 18.3 KB