4//SEC Filing
TRANSTECH PHARMA INC 4
Accession 0001179022-04-000023
CIK 0001010086other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 11:42 AM ET
Size
10.3 KB
Accession
0001179022-04-000023
Insider Transaction Report
Form 4
TRANSTECH PHARMA INC
10% Owner
Transactions
- Exercise of In-Money
Warrant (right to buy)
2004-01-08+1,736,111→ 1,736,111 totalExercise: $2.00From: 2004-01-08Exp: 2011-01-08→ Common Stock (1,736,111 underlying) - Exercise of In-Money
Common Stock, par value $0.0001 per share "Common Stock")
2004-01-08$1.44/sh+3,472,222$5,000,000→ 3,472,222 total - Exercise of In-Money
Option (right to buy)
2004-01-08−1,736,111→ 0 totalFrom: 2003-08-13Exp: 2003-10-13→ Warrant (1,736,111 underlying) - Exercise of In-Money
Option (right to buy)
2004-01-08−3,472,222→ 0 totalExercise: $1.44From: 2003-08-13Exp: 2003-10-13→ Common Stock (3,472,222 underlying)
Footnotes (5)
- [F1]On August 13, 2003, MacAndrews & Forbes Holdings Inc. ("Holdings") and SIGA Technologies, Inc. (the "Company") entered into a Securities Purchase Agreement (the "Purchase Agreement"). Pursuant to the Purchase Agreement, Holdings acquired an option (the "SIGA Option"), exercisable from time to time, to purchase (a) up to 6,146,875 shares of Common Stock ("Tranche B Shares") at a per share purchase price of $1.44 and (b) a warrant to purchase a number of shares of Common Stock equal to 50% of the number of Tranche B Shares, exercisable for $2.00 per share, for no additional consideration. On October 8, 2003, in accordance with the Purchase Agreement, Holdings assigned a portion of the SIGA Option to the filing person, for no consideration. The filing person and Holdings are each affiliated with Ronald Perelman. Mr. Perelman disclaims benefical ownership of all securities reported on this Form 4, except to the extent of his pecuniary interest therein.
- [F2]On October 8, 2003, the filing person exercised its portion of the SIGA Option, subject to the approval of the Company's stockholders pursuant to NASD Marketplace Rule 4350 ("Rule 4350"). On January 8, 2004, the Company's stockholders approved the issuance of the securities in accordance with Rule 4350, and on January 8, 2004 the filing peron acquired the securities.
- [F3]This warrant was received, for no additional consideration, along with the 3,472,222 Tranche B Shares issued to the filing person upon exercise of its portion of the SIGA Option.
- [F4]As a result of the receipt of the 3,472,222 Tranche B Shares issued to the filing person upon exercise of its portion of the SIGA Option, the SIGA Option was reduced by a like amount. The SIGA Option was acquired for no consideration.
- [F5]As a result of the receipt of the warrant to purchase 1,736,111 shares of Common Stock issued to the filing person upon exercise of its portion of the SIGA Option, the SIGA Option was reduced by a like amount. The SIGA Option was acquired for no consideration.
Documents
Issuer
SIGA TECHNOLOGIES INC
CIK 0001010086
Entity typeother
Related Parties
1- filerCIK 0001087201
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 11:42 AM ET
- Size
- 10.3 KB