Home/Filings/4/0001181431-09-025341
4//SEC Filing

KAVAN WILLIAM C 4

Accession 0001181431-09-025341

CIK 0001020391other

Filed

May 17, 8:00 PM ET

Accepted

May 18, 1:20 PM ET

Size

14.4 KB

Accession

0001181431-09-025341

Insider Transaction Report

Form 4
Period: 2009-05-15
Transactions
  • Other

    Series H Redeemable Preferred Stock

    2009-05-15$10046.00/sh10$100,4600 total(indirect: By LLC)
  • Sale

    Series C Redeemable Preferred Stock

    2009-05-1512,0000 total
  • Sale

    Series G Convertible Redeemable Preferred Stock

    2009-05-15$10145.00/sh10$101,4500 total
  • Purchase

    Series I Redeemable Preferred Stock

    2009-05-15+407.839407.839 total
  • Other

    Series F Convertible Redeemable Preferred Stock

    2009-05-15$1049.00/sh41.667$43,7080 total(indirect: By LLC)
  • Other

    Series D Convertible Redeemable Preferred Stock

    2009-05-15$1002.00/sh271.001$271,543478.999 total
Footnotes (7)
  • [F1]The reported securities were called for redemption by the issuer at a price equal to their face value of $10,000 per share plus accrued dividends of $46 per share.
  • [F2]The reporting person disclaims beneficial ownership of all reported securities set forth in this Form 4 report held by Churchill Group, LLC, except to the extent of his pecuniary interest therein.
  • [F3]The reported securities were called for redemption by the issuer at a price equal to their face value of $1,000 per share plus accrued dividends of $49 per share.
  • [F4]The reported securities were called for partial redemption (0.36 per share) by the issuer at a price equal to their face value of $1,000 per share plus accrued dividends of $2 per share.
  • [F5]The reporting person disposed of 12,000 shares of Series C Redeemable Preferred Stock in exchange for 368.5440 shares of Series I Redeemable Preferred Stock pursuant to an issuer exchange offer. Upon stockholder approval of an increase in authorized shares of common stock, the reporting person will be entitled to receive common stock warrants in connection with the exchange of the Series C Redeemable Preferred Stock.
  • [F6]Pursuant to an issuer exchange offer, the reporting person (i) disposed of 10 shares of Series G Convertible Redeemable Preferred Stock at a price equal to their face value of $10,000 per share plus accrued dividends of $145 per share and (ii) received 39.2947 shares of Series I Preferred Redeemable Stock in exchange for an amount representing an aggregate 25% compounded annual return on the face value of the Series G Convertible Redeemable Preferred Stock. Upon stockholder approval of an increase in authorized shares of common stock, the reporting person will be entitled to receive common stock warrants in connection with the exchange of the Series G Convertible Redeemable Preferred Stock.
  • [F7]See footnotes 5 and 6.

Issuer

ALLIN CORP

CIK 0001020391

Entity typeother

Related Parties

1
  • filerCIK 0001069087

Filing Metadata

Form type
4
Filed
May 17, 8:00 PM ET
Accepted
May 18, 1:20 PM ET
Size
14.4 KB