ProUroCare Medical Inc. 4
4 · ProUroCare Medical Inc. · Filed Feb 4, 2014
Insider Transaction Report
Form 4
Shuler Alan
Interim CFO
Transactions
- Award
Common Stock
2014-01-31+23,987→ 189,858 total
Holdings
10% Convertible Promissory Note
Exercise: $0.50From: 2013-10-31Exp: 2015-10-01→ Common Stock- 75,000
Common Stock Warrant (right to buy)
Exercise: $0.50From: 2013-10-31Exp: 2016-10-01→ Common Stock (75,000 underlying)
Footnotes (4)
- [F1]Represents shares received are in lieu of cash fees under a consulting agreement between the reporting person and the issuer.
- [F2]Subject to adjustment based on a predefined formula set forth in the 10% Secured Convertible Note.
- [F3]On October 31, 2013, the reporting person purchased $25,000, 10% secured convertible promissory note from the issuer in a private placement. The promissory note matures on October 1, 2015, however, the holders have an optional conversion at any time prior to maturity at an exercise price predetermined by a formula set forth in the promissory note.
- [F4]The number of underlying common shares of the issuer will determined at the time of conversion based on a predefined formula set forth in the promissory note.