GETLIN LAWRENCE W 4
4 · ProUroCare Medical Inc. · Filed Jun 30, 2011
Insider Transaction Report
Form 4
GETLIN LAWRENCE W
Director
Transactions
- Award
Convertible notes
2011-06-29$1.00/shExercise: $1.30Exp: 2013-09-15→ Common Stock, $0.00001 par value (19,231 underlying) - Award
Stock Options
2011-06-27+2,265→ 2,265 totalExercise: $0.92Exp: 2018-02-27→ Common Stock, $0.00001 par value (2,265 underlying)
Holdings
- 0
Common Stock, $0.00001 par value
Footnotes (3)
- [F1]Options vest as to 189 shares per month begining July 27, 2011, and as to 185 shares on June 27, 2012.
- [F2]Immediately exercisable.
- [F3]On June 29, 2011, the reporting person purchased a $25,000, 10% convertible secured subordinated promissory note from the issuer in a private placement. The promissory note and any accrued interest thereon is convertible at any time at the option of the reporting person into common stock at $1.30 per share. The promissory note matures on September 15, 2013, and may be called any time after the price of the issuer's common stock exceeds $4.00 per share for 10 consecutive days. The private placement as exempt from the requirements of Section 16b as provided by Rules 16b-3(d)(3).