DENNIS PAUL S 4
4 · Banyan Rail Services Inc. · Filed Feb 11, 2010
Insider Transaction Report
Form 4
DENNIS PAUL S
DirectorVP and Treasurer10% Owner
Transactions
- Award
Series A Convertible Perferred Stock
2010-02-01+4,000→ 4,000 total(indirect: By Trust)Exercise: $0.20From: 2010-02-01→ Common Stock (2,000,000 underlying) - Disposition to Issuer
Series A 10% Convertible Debenture
2010-02-01→ 0 total(indirect: By Trust)Exercise: $0.20From: 2009-09-04→ Common Stock (2,000,000 underlying)
Footnotes (2)
- [F1]The reporting person disposed of the Series A 10% Convertible Debentures in exchange for the acquisition of the shares of Series A Convertible Preferred Stock in an issuer exchange offer.
- [F2]The securities do not have an expiration date.