HYPERTENSION DIAGNOSTICS INC /MN 4

Accession 0001179110-03-006724

CIK 0001058828operating

View on SEC.gov Company Profile

Filed

Sep 1, 8:00 PM ET

Accepted

Sep 2, 9:59 PM ET

Size

16.0 KB

Accession

0001179110-03-006724

Insider Transaction Report

Form 4

Period: 2003-08-28

HYPERTENSION DIAGNOSTICS INC /MNHDII

COHN JAY N MD

Director

Transactions

Purchase
Series A Preferred Stock
2003-08-28+38,400→ 460,800 total
Exercise: $0.14→ Common Stock (38,400 underlying)
Purchase
Common Stock
2003-08-28+610,676→ 702,350 total
Purchase
Common Stock Warrant (right to buy)
2003-08-28+610,676→ 0 total
Exercise: $0.17Exp: 2004-05-28→ Common Stock (610,676 underlying)
Purchase
Common Stock Warrant (right to buy)
2003-08-28+488,542→ 0 total
Exercise: $0.22Exp: 2005-02-28→ Common Stock (488,542 underlying)
Purchase
Common Stock Warrant (right to buy)
2003-08-28+427,474→ 0 total
Exercise: $0.30Exp: 2008-08-28→ Common Stock (427,474 underlying)
Purchase
Common Stock
2003-08-28+0→ 12,500 total(indirect: By Spouse)
Purchase
Series A Preferred Stock Warrant (right to buy)
2003-08-28+38,400→ 0 total
Exercise: $2.04Exp: 2004-05-28→ Series A Preferred Stock (38,400 underlying)
Purchase
Series A Preferred Stock Warrant (right to buy)
2003-08-28+30,720→ 0 total
Exercise: $2.64Exp: 2005-02-28→ Series A Preferred Stock (30,720 underlying)
Purchase
Series A Preferred Stock Warrant (right to buy)
2003-08-28+26,880→ 0 total
Exercise: $3.60Exp: 2008-08-28→ Series A Preferred Stock (26,880 underlying)

Footnotes (6)

[F1]The reported securities are included w/in 38,400 Units purchased by reporting person for $3.9064/Unit. Ea. Unit consists of 1 share of Co.'s Series A Convertible Pref. Stock, 15.903 shares of common & 6 warrants:(a)1 9-mo. pref. stock ("PS") purchase warrant permits holder ("H") to buy 1 share of Series A Pref. at exercise price of $2.04/share;(b)1 9-mo. common stock ("CS") purchase warrant permits H to buy up to the # of shares of CS initially included in the Unit at exercise price $0.17/share;(c) 1 18-mo. PS purchase warrant permitting H to buy 80% of 1 share of Series A Pref. at exercise price $2.64/share;(d)1 18-mo. CS purchase warrant permits H to buy up to 80% of the # of shares of CS initially included in the Unit at exercise price $0.22/share; (e)1 60-mo. PS purchase warrant permits H to buy 70% of 1 share of the Series A Pref. at exercise price $3.60/share & (f) 1 60-mo. CS purchase warrant permits H to buy up to 70% of the # of CS initially incl. in Unit at $0.30/share.
[F2]These warrants are exerciseable if and only at such time as the holders of voting securities of the Company approve of an amendment to the Company's Articles of Incorporation to increase in the number of shares of common stock authorized ("Proposal").
[F3]Subject to adjustment as provided in the Certificate of Designation, Preferences and Rights of Series A Convertible Preferred Stock.
[F4]Immediately
[F5]In the event the Proposal is not approved, the warrant shall be exercisable for such number of shares of Series A Preferred Stock equal to the number of shares of Common Stock for which the warrant is currently exercisable, divided by 12.
[F6]Not applicable.

Documents

1 file

4
edgar.xmlPrimary
FORM 4 -

Issuer

HYPERTENSION DIAGNOSTICS INC /MN

CIK 0001058828

→

Entity typeoperating

IncorporatedMN

Related Parties

filerCIK 0001058828

Filing Metadata

Form type: 4
Filed: Sep 1, 8:00 PM ET
Accepted: Sep 2, 9:59 PM ET
Size: 16.0 KB

View on SEC.gov