METRO ONE TELECOMMUNICATIONS INC 4
4 · METRO ONE TELECOMMUNICATIONS INC · Filed Jun 7, 2007
Insider Transaction Report
Form 4
PETERSON KENNETH D JR
Director10% Owner
Transactions
- Purchase
Series A Convertible Preferred Stock
2007-06-05$10000.00/sh+176$1,760,000→ 176 total(indirect: See footnote)Exercise: $1.78From: 2007-08-08→ Common Stock (988,764 underlying)
Holdings
- 772,500(indirect: See note)
Common Stock
Footnotes (5)
- [F1]Reflects a 1 for 4 reverse split implemented by the Company.
- [F2]The conversion price of $1.78 is subject to adjustment.
- [F3]Represents shares held by Columbia Ventures Corporation. Mr. Peterson is the sole director and sole shareholder of Columbia Ventures Corporation.
- [F4]The shares of Series A Preferred are not convertible until the later of 60 days after their issuance or receipt of shareholder approval.
- [F5]The Series A Preferred do not have an expiration date.