Sitilides John 4
4 · BIOVEST INTERNATIONAL INC · Filed Nov 26, 2010
Insider Transaction Report
Form 4
BIOVEST INTERNATIONAL INCBVTI.OB
Sitilides John
Director
Transactions
- Other
Common Stock
2010-11-26+21,564→ 21,564 total
Footnotes (3)
- [F1]Represents shares of common stock of Issuer issued pursuant to the Issuer's First Amended Joint Plan of Reorganization, as modified and effect as of November 17, 2010.
- [F2]The reporting person elected to convert his bankruptcy claim (Class 8), into the Issuer's common stock at a conversion rate equal to $1.66 per share, in accordance with the Issuer's First Amended Joint Plan of Reorganization, as modified, which was previously filed as an exhibit to Form 8-K filed on November 2, 2010.
- [F3]The reporting person agreed to a Lock-Up Agreement which imposes a 90-day "stop transfer" instruction on this reporting person's ownership on all of the Issuer's common stock owned by the reporting person. The 90-day period began on November 17, 2010 and will end on February 15, 2011.