DRAPER SHARON 4
4 · ATMOSPHERIC GLOW TECHNOLOGIES INC · Filed Aug 29, 2006
Insider Transaction Report
Form 4
DRAPER SHARON
Chief Accounting Officer
Transactions
- Other
Common Shares
2006-07-26+9,695→ 54,595 total - Other
Convertible Promissory Note
2006-07-26From: 2006-07-26Exp: 2007-01-24→ Common Shares
Footnotes (6)
- [F1]The shares are to be distributed as an incentive to make loans to the issuer. The loans are to be made by payroll deductions over a 14 week period.
- [F2]Shares distributed to lender as an incentive to make the loan on the basis of one share for each $1 loaned.
- [F3]The lesser of the lowest price at which Common Shares have been sold by the issuer in a private placement during the term of the note and $0.12.
- [F4]Received in connection with loan of funds.
- [F5]As to amounts which have loaned to the issuer.
- [F6]The number of shares received will depend on the conversion price.