4//SEC Filing
Blatteis Angela 4
Accession 0001181431-05-067138
CIK 0001289871other
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 9:21 PM ET
Size
14.5 KB
Accession
0001181431-05-067138
Insider Transaction Report
Form 4
Blatteis Angela
Director
Transactions
- Other
Warrant to Purchase Common Stock
2005-12-13+2,698→ 24,251 total(indirect: See Footnote)Exercise: $5.50From: 2005-12-13Exp: 2015-12-13→ Common Stock (2,698 underlying) - Sale
Warrant to Purchase Common Stock
2005-12-13−8,094→ 9,780 total(indirect: See Footnote)Exercise: $3.00From: 2005-12-13Exp: 2015-12-13→ Common Stock (8,094 underlying) - Other
Warrant to Purchase Common Stock
2005-12-13−8,094→ 9,780 total(indirect: See Footnote)Exercise: $3.00From: 2005-07-25Exp: 2015-07-25→ Common Stock (8,094 underlying)
Footnotes (4)
- [F1]Represents Ms. Blatteis' pecuniary interests in Warrants owned of record by GTG PC Investments, LLC, a Delaware limited liability company ("GTG PC Investments"). Ms. Blatteis disclaims beneficial ownership of Warrants held by GTG PC Investments, except to the extent of her pecuniary interest therein as described in this Form 4.
- [F2]797,091 Warrants to acquire Common Stock with an exercise price of $3.00 per share were surrendered by GTG PC Investments to HyperSpace Communications, Inc. (the "Issuer") in a recapitalization exchange for the issuance by the Issuer to GTG PC Investments of (i) 797,091 Warrants to acquire Common Stock with an exercise price of $3.00 per share and not having a cashless exercise option (unlike the surrendered Warrants) and (ii) 265,697 Warrants to acquire Common Stock with an exercise price of $5.50 per share.
- [F3]Immediately after the recapitalization exchange with the Issuer referred to in footnote 2, the 797,091 Warrants to acquire Common Stock with an exercise price of $3.00 per share and not having a cashless exercise option were sold to various third-party investors for an aggregate purchase price of $6.00.
- [F4]At the conclusion of the transactions described above, Ms. Blatteis has a pecuniary interest in 9,780 Warrants to acquire Common Stock with an exercise price of $3.00 per share and 24,251 Warrants to acquire Common Stock with an exercise price of $5.50 per share.
Documents
Issuer
HyperSpace Communications, Inc.
CIK 0001289871
Entity typeother
Related Parties
1- filerCIK 0001333407
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 9:21 PM ET
- Size
- 14.5 KB