4//SEC Filing
PROLONG INTERNATIONAL CORP 4
Accession 0001181431-04-056795
CIK 0001016965operating
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 6:01 AM ET
Size
17.8 KB
Accession
0001181431-04-056795
Insider Transaction Report
Form 4
FITCHEY CARY
Director10% Owner
Transactions
- Sale
Common Stock
2004-12-01$0.26/sh−2,100$546→ 47,900 total - Sale
Common Stock
2004-12-02$0.25/sh−14,000$3,500→ 23,900 total - Exercise of In-Money
Common Stock
2004-12-01$0.06/sh+50,000$3,000→ 50,000 total - Exercise of In-Money
Warrant to Purchase Common Stock
2004-12-01$0.03/sh−50,000$1,500→ 4,435,892 totalExercise: $0.06From: 2003-11-24Exp: 2013-11-24→ Common Stock (50,000 underlying) - Sale
Common Stock
2004-12-01$0.25/sh−10,000$2,500→ 37,900 total
GELLER MARSHALL S
10% Owner
Transactions
- Exercise of In-Money
Warrant to Purchase Common Stock
2004-12-01$0.03/sh−50,000$1,500→ 4,435,892 totalExercise: $0.06From: 2003-11-24Exp: 2013-11-24→ Common Stock (50,000 underlying) - Sale
Common Stock
2004-12-01$0.26/sh−2,100$546→ 47,900 total - Sale
Common Stock
2004-12-02$0.25/sh−14,000$3,500→ 23,900 total - Sale
Common Stock
2004-12-01$0.25/sh−10,000$2,500→ 37,900 total - Exercise of In-Money
Common Stock
2004-12-01$0.06/sh+50,000$3,000→ 50,000 total
ST CLOUD CAPITAL LLC
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2004-12-01$0.06/sh+50,000$3,000→ 50,000 total - Sale
Common Stock
2004-12-02$0.25/sh−14,000$3,500→ 23,900 total - Exercise of In-Money
Warrant to Purchase Common Stock
2004-12-01$0.03/sh−50,000$1,500→ 4,435,892 totalExercise: $0.06From: 2003-11-24Exp: 2013-11-24→ Common Stock (50,000 underlying) - Sale
Common Stock
2004-12-01$0.25/sh−10,000$2,500→ 37,900 total - Sale
Common Stock
2004-12-01$0.26/sh−2,100$546→ 47,900 total
SCGP LLC
10% Owner
Transactions
- Sale
Common Stock
2004-12-02$0.25/sh−14,000$3,500→ 23,900 total - Exercise of In-Money
Common Stock
2004-12-01$0.06/sh+50,000$3,000→ 50,000 total - Sale
Common Stock
2004-12-01$0.26/sh−2,100$546→ 47,900 total - Sale
Common Stock
2004-12-01$0.25/sh−10,000$2,500→ 37,900 total - Exercise of In-Money
Warrant to Purchase Common Stock
2004-12-01$0.03/sh−50,000$1,500→ 4,435,892 totalExercise: $0.06From: 2003-11-24Exp: 2013-11-24→ Common Stock (50,000 underlying)
ST CLOUD CAPITAL PARTNERS LP
Director10% Owner
Transactions
- Sale
Common Stock
2004-12-01$0.26/sh−2,100$546→ 47,900 total - Sale
Common Stock
2004-12-01$0.25/sh−10,000$2,500→ 37,900 total - Exercise of In-Money
Common Stock
2004-12-01$0.06/sh+50,000$3,000→ 50,000 total - Sale
Common Stock
2004-12-02$0.25/sh−14,000$3,500→ 23,900 total - Exercise of In-Money
Warrant to Purchase Common Stock
2004-12-01$0.03/sh−50,000$1,500→ 4,435,892 totalExercise: $0.06From: 2003-11-24Exp: 2013-11-24→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Upon the occurrence of a payment of default under that certain Secured Promissory Note, dated as of November 24, 2003, issued by Prolong Super Lubricants, Inc., a wholly-owned subsidiary of Prolong International Corporation, the Warrant will automatically become exercisable to purchase additional shares of Common Stock ( the "Additional Warrant Shares"),equal to ten percent of the total number of shares of Common Stock outstanding as of the date of such event of default on a fully diluted basis assuming exercise of the Warrant and any options, warrants or convertible securities outstanding as of such date and including in such calculation all Additional Warrant Shares into which the Warrant becomes exercisable
- [F2]These securities are beneficially owned directly by St. Cloud Captial Partners, LP ("St. Cloud Partners"). In addition, these securities may be deened to be beneficially owned indiecrtly (i) by SCGP, LLC as the general partner of St. Cloud Partners, (ii) by St. Cloud Capital, LLC as provider of management services to St. Cloud Partners and investment advice to SCGP, LLC, (iii) by Marshall S. Geller as senior manager of SCGP, LLC and (iv) by Cary Fitchey as senior manager of SCGP, LLC. This report shall not be deemed an admission of any of the entities or individuals listed in (i)-(iv) of the previous sentence that they are the beneficial owners of the securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
PROLONG INTERNATIONAL CORP
CIK 0001016965
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001016965
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 6:01 AM ET
- Size
- 17.8 KB