ALLIN CORP 4
4 · ALLIN CORP · Filed Jul 26, 2005
Insider Transaction Report
Form 4
ALLIN CORPALLN
POSNER HENRY JR
10% Owner
Transactions
- Purchase
Series H Redeemable Preferred Stock
2005-07-26$10000.00/sh+180$1,800,000→ 180 total - Purchase
Common Stock Warrant (right to buy)
2005-07-26+1→ 1 totalExercise: $1.00From: 2005-07-26Exp: 2020-07-26→ Common Stock (1,800,000 underlying)
Footnotes (3)
- [F1]The exercise price shall be adjusted on a weighted average basis in the event of a "dilutive issuance" (as defined in the warrant) involving any sale of equity stock or stock equivalents of the issuer at a price below the greater of the exercise price or 85% of the market value of the common stock.
- [F2]The number of shares for which the warrant may be exercised shall be adjusted on a weighted average basis in the event of a "dilutive issuance" (as defined in the warrant) involving any sale of equity stock or stock equivalents of the issuer at a price below the greater of the exercise price or 85% of the market value of the common stock.
- [F3]The warrant was included in the reporting person's acquisition of 180 shares of Series H Redeemable Preferred Stock for $10,000 per share.