Roberts William J 4
4 · DPAC TECHNOLOGIES CORP · Filed Mar 26, 2008
Insider Transaction Report
Form 4
Roberts William J
Director10% Owner
Transactions
- Purchase
Series A Convertible Preferred Stock
2008-03-24$100.00/sh+750$75,000→ 750 total→ Common Stock (1,764,706 underlying)
Footnotes (1)
- [F1]The Series A Convertible Preferred Stock is convertible into Common Stock at any time and has no expiration date. Each share of Series A Convertible Preferred Stock may be converted into the number of shares of Common Stock obtained by dividing the Original Issue Price Per Share of $100 by a Voluntary Conversion Price Per Share equal to the product of $0.034 times 1.25.