4//SEC Filing
AIRNET COMMUNICATIONS CORP 4
Accession 0001181431-04-056958
CIK 0000944163operating
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 4:46 PM ET
Size
11.3 KB
Accession
0001181431-04-056958
Insider Transaction Report
Form 4
SALKINI JAY J
Director10% Owner
Transactions
- Sale
Common Stock, par value $0.001
2004-12-03$118050.00/sh−350,000$41,317,500,000→ 31,907,767 total(indirect: By TECORE, Inc.) - Sale
Common Stock, par value $0.001
2004-12-06$71125.00/sh−250,000$17,781,250,000→ 31,657,767 total(indirect: By TECORE, Inc.) - Sale
Common Stock, par value $0.001
2004-12-02$120782.00/sh−350,000$42,273,700,000→ 32,257,767 total(indirect: By TECORE, Inc.)
Holdings
- 92,500
Common Stock, par value $0.001
- 1(indirect: By TECORE, Inc.)
$12,000,000 Seniro Secured Convertible Note Dated 08-13-03
Exercise: $0.10Exp: 2007-08-13→ Common Stock (67,201,787 underlying)
Footnotes (5)
- [F1]Shares sold under a non-discretionary Rule 10b5-1 plan, previously approved by Issuer under its Insider Trading Policy.
- [F2]The reporting person is a controlling shareholder and director of TECORE, Inc. and disclaims beneficial ownership of the securities held by TECORE, Inc. except to the extent of his pecuniary interest therein.
- [F3]The current conversion price for the Note is $0.10467432 per share of Common Stock, and may be adjusted from time to time for certain future dilutive issuances and the exercise of certain warrants, option and convertible securities.
- [F4]Anytime.
- [F5]Includes shares that may be acquired upon conversion, at the current conversion price, of (1) the remaining $8,000,000 of the Note and (ii) interest accrued as of December 2, 2004. Additional shares may be acquired upon conversion of interest that will accrue in the future at 12% per annum on the principal paid for the Note.
Documents
Issuer
AIRNET COMMUNICATIONS CORP
CIK 0000944163
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000944163
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 4:46 PM ET
- Size
- 11.3 KB