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4//SEC Filing

CARRETTE FRANCOIS 4

Accession 0001179110-04-023602

CIK 0000918580other

Filed

Dec 16, 7:00 PM ET

Accepted

Dec 17, 8:20 PM ET

Size

18.9 KB

Accession

0001179110-04-023602

Insider Transaction Report

Form 4
Period: 2004-12-16
CARRETTE FRANCOIS
DirectorChairman of the Board10% Owner
Transactions
  • Exercise/Conversion

    Warrant/Right to Buy

    2004-12-16$0.01/sh19,934$199255,155 total(indirect: By Holding Wilson S.A.)
    Exercise: $0.01From: 2004-12-16Common Stock (19,934 underlying)
  • Exercise/Conversion

    Common Stock

    2004-12-16$0.01/sh+2$015,738 total
  • Exercise/Conversion

    Warrant/Right to Buy

    2004-12-16$0.01/sh2$022 total
    Exercise: $0.01From: 2004-12-16Common Stock (2 underlying)
  • Exercise/Conversion

    Common Stock

    2004-12-16$0.01/sh+19,934$1993,836,940 total(indirect: By Holding Wilson S.A.)
Holdings
  • Option/Right to Buy

    Exercise: $3.40Exp: 2012-09-12Common Stock (6,000 underlying)
    4,000
Footnotes (4)
  • [F1]On December 16, 2004, pursuant to the terms of his anti-dilution warrants, Mr. Carrette exercised his right to purchase 2 shares of common stock of Gaming Partners International Corporation (f/k/a Paul-Son Gaming Corporation) (the "Company") at an exercise price of $0.01 per share. The Company issued the warrants to purchase common stock pursuant to a combination agreement between the Company and Etablissements Bourgogne et Grasset SA (the "Agreement"). The anti-dilution warrants were approved by the Company's stockholders on September 12, 2002. The anti-dilution warrants are exercisable only upon conversion, exercise or exchange for shares issued pursuant to options and similar rights granted by the Company prior to the closing of the Agreement. Mr. Carrette's exercise of the anti-dilution warrants was exempt under Rule 16b-3 and/or Rule 16b-6(b).
  • [F2]On December 16, 2004, pursuant to the terms of her anti-dilution warrants, Mr. Carrette's spouse exercised her right to purchase 2 shares of common stock of the Company at an exercise price of $0.01 per share. The Company issued the warrants to purchase common stock pursuant to the Agreement. The anti-dilution warrants were approved by the Company's stockholders on September 12, 2002. The anti-dilution warrants are exercisable only upon conversion, exercise or exchange for shares issued pursuant to options and similar rights granted by the Company prior to the closing of the Agreement. Mrs. Carrette's exercise of the anti-dilution warrants was exempt under Rule 16b-3 and/or Rule 16b-6(b). Mr. Carrette disclaims the beneficial ownership of all securities owned by his spouse, and this report should not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
  • [F3]On December 16, 2004, pursuant to the terms of its anti-dilution warrants, Holding Wilson, S.A., of which Mr. Carrette is the principal stockholder, exercised its right to purchase 19,934 shares of common stock of the Company at an exercise price of $0.01 per share. The Company issued the warrants to purchase common stock pursuant to the Agreement. The anti-dilution warrants were approved by the Company's stockholders on September 12, 2002. The anti-dilution warrants are exercisable only upon conversion, exercise or exchange for shares issued pursuant to options and similar rights granted by the Company prior to the closing of the Agreement. Holding Wilson's exercise of the anti-dilution warrants was exempt under Rule 16b-3 and/or Rule 16b-6(b).
  • [F4]As previously reported, on September 12, 2002, the Company granted Mr. Carrette options to purchase 6,000 shares of the Company's common stock pursuant to the Company's 1994 Directors' Stock Option Plan (the "Plan"). The grant was exempt under Rule 16b-3. The options vest in equal installments over a three-year period with the first one-third vesting on September 12, 2003.

Issuer

Gaming Partners International CORP

CIK 0000918580

Entity typeother

Related Parties

1
  • filerCIK 0001187898

Filing Metadata

Form type
4
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 8:20 PM ET
Size
18.9 KB