Okun Edward Hugh 4

Accession 0001181431-06-038106

CIK 0000083125other

View on SEC.gov Company Profile

Filed

Jun 21, 8:00 PM ET

Accepted

Jun 22, 7:07 PM ET

Size

28.2 KB

Accession

0001181431-06-038106

Insider Transaction Report

Form 4

Period: 2006-06-19

FIRST MONTAUK FINANCIAL CORPFMFK

FMFG Ownership, Inc.

10% Owner

Transactions

Conversion
Common Stock, no par value
2006-06-19$0.50/sh+2,380,000$1,190,000→ 4,539,348 total
Conversion
6% Convertible Debenture 2008
2006-06-20+100,000→ 0 total
Exercise: $0.50Exp: 2008-12-07→ Common Stock no par value (200,000 underlying)
Purchase
Series A Convertible Preferred Stock, $.10 par value
2006-06-19$4.00/sh+78,570$314,280→ 249,528 total
→ Common Stock no par value (157,140 underlying)
Purchase
6% Convertible Debenture 2008
2006-06-19$2.00/sh+80,000$160,000→ 430,000 total
Exercise: $0.50Exp: 2007-12-12→ Common Stock no par value (160,000 underlying)
Purchase
6% Convertible Debenture due 2007
2006-06-19$2.00/sh+120,000$240,000→ 385,000 total
Exercise: $0.50Exp: 2008-10-07→ Common Stock no par value (240,000 underlying)
Purchase
6% Convertible Debenture due 2007
2006-06-19$2.00/sh+70,000$140,000→ 170,000 total
Exercise: $0.50Exp: 2008-01-07→ Common Stock no par value (140,000 underlying)
Conversion
6% Convertible Debenture 2008
2006-06-20+105,000→ 0 total
Exercise: $0.50Exp: 2008-12-30→ Common Stock no par value (210,000 underlying)
Purchase
6% Convertible Debentures 2007
2006-06-20$2.00/sh+5,000$10,000→ 105,000 total
Exercise: $0.50Exp: 2008-12-30→ Common Stock no par value (10,000 underlying)
Conversion
6% Convertible Debenture 2008
2006-06-20+170,000→ 0 total
Exercise: $0.50Exp: 2008-01-07→ Common Stock no par value (340,000 underlying)
Conversion
6% Convertible Debenture due 2007
2006-06-20+430,000→ 0 total
Exercise: $0.50Exp: 2007-12-12→ Common Stock no par value (860,000 underlying)
Conversion
6% Convertible Debenture due 2008
2006-06-20+385,000→ 0 total
Exercise: $0.50Exp: 2008-10-07→ Common Stock no par value (770,000 underlying)

Okun Edward Hugh

10% Owner

Transactions

Conversion
Common Stock, no par value
2006-06-19$0.50/sh+2,380,000$1,190,000→ 4,539,348 total
Purchase
6% Convertible Debenture due 2007
2006-06-19$2.00/sh+120,000$240,000→ 385,000 total
Exercise: $0.50Exp: 2008-10-07→ Common Stock no par value (240,000 underlying)
Purchase
6% Convertible Debentures 2007
2006-06-20$2.00/sh+5,000$10,000→ 105,000 total
Exercise: $0.50Exp: 2008-12-30→ Common Stock no par value (10,000 underlying)
Conversion
6% Convertible Debenture due 2007
2006-06-20+430,000→ 0 total
Exercise: $0.50Exp: 2007-12-12→ Common Stock no par value (860,000 underlying)
Conversion
6% Convertible Debenture 2008
2006-06-20+100,000→ 0 total
Exercise: $0.50Exp: 2008-12-07→ Common Stock no par value (200,000 underlying)
Conversion
6% Convertible Debenture 2008
2006-06-20+170,000→ 0 total
Exercise: $0.50Exp: 2008-01-07→ Common Stock no par value (340,000 underlying)
Purchase
6% Convertible Debenture 2008
2006-06-19$2.00/sh+80,000$160,000→ 430,000 total
Exercise: $0.50Exp: 2007-12-12→ Common Stock no par value (160,000 underlying)
Purchase
Series A Convertible Preferred Stock, $.10 par value
2006-06-19$4.00/sh+78,570$314,280→ 249,528 total
→ Common Stock no par value (157,140 underlying)
Conversion
6% Convertible Debenture 2008
2006-06-20+105,000→ 0 total
Exercise: $0.50Exp: 2008-12-30→ Common Stock no par value (210,000 underlying)
Purchase
6% Convertible Debenture due 2007
2006-06-19$2.00/sh+70,000$140,000→ 170,000 total
Exercise: $0.50Exp: 2008-01-07→ Common Stock no par value (140,000 underlying)
Conversion
6% Convertible Debenture due 2008
2006-06-20+385,000→ 0 total
Exercise: $0.50Exp: 2008-10-07→ Common Stock no par value (770,000 underlying)

Footnotes (4)

[F1]The reporting persons converted an aggregate amount of $1,190,000 convertible debentures on June 20, 2005, at a conversion price of $.50 per share, resulting in the acquisition of 2,380,000 shares of common stock.
[F2]The reported securities are owned directly by FMFG Ownership, Inc. and indirectly by Edward H. Okun. Edward H. Okun is the sole stockholder and sole director of FMFG Ownership, Inc.
[F3]The Series A Convertible Preferred Stock is convertible on a one for two basis at any time, at the holders election, and has no expiration date.
[F4]The 6% convertible debentures are convertible at any time, at the holder's election.

Documents

1 file

4
rrd122135.xmlPrimary
FORM 4

Issuer

FIRST MONTAUK FINANCIAL CORP

CIK 0000083125

→

Entity typeother

Related Parties

filerCIK 0001366705

Filing Metadata

Form type: 4
Filed: Jun 21, 8:00 PM ET
Accepted: Jun 22, 7:07 PM ET
Size: 28.2 KB

View on SEC.gov