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4//SEC Filing

BIOCANCELL THERAPEUTICS INC. 4

Accession 0001178913-12-002171

CIK 0001451980operating

Filed

Aug 6, 8:00 PM ET

Accepted

Aug 7, 11:47 AM ET

Size

13.8 KB

Accession

0001178913-12-002171

Insider Transaction Report

Form 4
Period: 2012-07-31
Transactions
  • Conversion

    Common stock

    2012-07-31$0.22/sh+4,147,171$899,93616,591,408 total
  • Purchase

    Common stock

    2012-07-31$0.22/sh+10,731,726$2,328,78527,323,134 total
  • Conversion

    Debenture

    2012-07-310 total
    Exercise: $0.22From: 2008-07-30Exp: 2012-07-31Common stock
Footnotes (2)
  • [F1]The 4,147,171 shares of Common Stock reported acquired herein are issuable to Clal Biotechnology Industries Ltd. ("CBI") as a result of the conversion of convertible debentures in a principal face amount of $800,000 (the "Debentures") at a conversion price per share of New Israeli Shekel ("NIS") 0.87. Such conversion price is due to adjustments of the initial conversion price of the Debentures, which was initially $0.716, in accordance with the terms of the Debenture. The conversion prices indicated in the table are based on the exchange rate of NIS and US dollar reported by the Bank of Israel on August 3, 2012 (NIS 4.007 for US$1.00).
  • [F2]The 10,731,726 shares of Common Stock reported acquired herein were acquired through a private placement that was executed in NIS at a price of NIS 0.87 per share. The price indicated in the table is based on the exchange rate of NIS and US dollar reported by the Bank of Israel on August 3, 2012 (NIS 4.007 for US$1.00).

Issuer

BIOCANCELL THERAPEUTICS INC.

CIK 0001451980

Entity typeoperating

Related Parties

1
  • filerCIK 0001451980

Filing Metadata

Form type
4
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 11:47 AM ET
Size
13.8 KB