SENESCO TECHNOLOGIES INC 4
4 · SENESCO TECHNOLOGIES INC · Filed Feb 23, 2010
Insider Transaction Report
Form 4
QUICK THOMAS C
Director
Transactions
- Purchase
Common Stock Warrant
2010-02-19+65,309→ 251,041 total(indirect: By Foundation)Exercise: $1.01From: 2010-02-19Exp: 2012-12-20→ Common Stock (65,309 underlying) - Purchase
Common Stock Warrant
2010-02-19+65,309→ 359,889 total(indirect: By Foundation)Exercise: $0.83From: 2010-02-19Exp: 2012-12-20→ Common Stock (65,309 underlying) - Purchase
Common Stock
2010-02-19+67,707→ 480,120 total(indirect: By Foundation) - Purchase
Convertible Debenture Due 12/31/2010
2010-02-19→ 1,163,004 total(indirect: By Foundation)Exercise: $0.22From: 2010-02-19Exp: 2010-12-31→ Common Stock (1,163,004 underlying) - Purchase
Common Stock Warrant
2010-02-19+39,185→ 185,732 total(indirect: By Foundation)Exercise: $1.01From: 2010-02-19Exp: 2012-06-30→ Common Stock (39,185 underlying) - Purchase
Common Stock Warrant
2010-02-19+43,539→ 294,580 total(indirect: By Foundation)Exercise: $1.01From: 2010-02-19Exp: 2013-06-30→ Common Stock (43,539 underlying) - Purchase
Common Stock Warrant
2010-02-19+43,539→ 403,428 total(indirect: By Foundation)Exercise: $0.83From: 2010-02-19Exp: 2013-06-30→ Common Stock (43,539 underlying)
Footnotes (2)
- [F1]The Thomas C. Quick Charitable Foundation entered into agreements to purchase an aggregate of 67,707 shares of common stock, 256,881 common stock warrants and $261,236 of convertible debentures. The total purchase price was $46,500, which was not allocated among the various components.
- [F2]The conversion rate used is the rate that the convertible debentures may convert at as of February 19, 2010. However, the conversion rate may change as the convertible debenutres convert at a floating conversion rate equal to the lower of $0.83, subject to adjustment, or 80% of the lowest daily VWAP for the five day period immediately preceeding the conversion date.