ALLIN CORP 4
4 · ALLIN CORP · Filed Jul 26, 2005
Insider Transaction Report
Form 4
ALLIN CORPALLN
KAVAN WILLIAM C
Director
Transactions
- Purchase
Common Stock Warrant (right to buy)
2005-07-26+1→ 1 total(indirect: By LLC)Exercise: $1.00From: 2005-07-26Exp: 2020-07-26→ Common Stock (100,000 underlying) - Purchase
Series H Redeemable Preferred Stock
2005-07-26$10000.00/sh+10$100,000→ 10 total(indirect: By LLC)
Footnotes (5)
- [F1]The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F2]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 price of the common stock.
- [F3]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 price of the common stock.
- [F4]The warrant was included in the reporting person's acquisition of 10 shares of Series H Redeemable Preferred Stock for $10,000 per share.
- [F5]The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.