4//SEC Filing
WESTGATE CAPITAL CO LLC 4
Accession 0001181431-03-022920
CIK 0001088413other
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 8:23 PM ET
Size
8.8 KB
Accession
0001181431-03-022920
Insider Transaction Report
Form 4
PALWEB CORPPLWB
WESTGATE CAPITAL CO LLC
10% Owner
Transactions
- Purchase
Common Stock Purchase Warrants
2002-01-21+313,608→ 3,442,188 total(indirect: By Partnership)Exercise: $5.00From: 2002-01-21Exp: 2006-01-21→ Common Stock (313,608 underlying) - Purchase
Series 2001 12% Cumulative Convertible Senior Pref Stock
2002-01-21$10.00/sh+52,268$522,680→ 573,698 total(indirect: By Partnership)Exercise: $1.43From: 2002-01-21→ Common Stock (365,876 underlying) - Conversion
Common Stock, $.0001 par
2003-09-08$1.43/sh+4,015,886$5,737,095→ 5,809,688 total(indirect: By Partnership) - Conversion
Series 2001 12% Cumulative Convertible Senior Pref Stock
2003-09-08−573,698→ 0 totalExercise: $1.43→ Common Stock (4,015,886 underlying)
Footnotes (4)
- [F1]On January 21, 2002, Westgate Investments Limited Partnership acquired 52,268 shares of the Issuer's Series 2001 12% Cumulative Convertible Senior Preferred Stock (the "2001 Preferred Stock"), and Common Stock Purchase Warrants (the "Warrants") to acquire 313,608 shares of Issuer's common stock for the total purchase price of $522,680. No separate consideration was allocated to the warrants.
- [F2]Includes common stock dividends paid on 2001 Preferred Stock.
- [F3]n/a
- [F4]In connection with the conversion of the 2001 Preferred Stock , all of the Warrants were cancelled.
Issuer
PALWEB CORP
CIK 0001088413
Entity typeother
Related Parties
1- filerCIK 0001261719
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 8:23 PM ET
- Size
- 8.8 KB