5//SEC Filing
Weiss Robert E 5
Accession 0001181431-11-010210
CIK 0001262200other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 9:44 PM ET
Size
8.2 KB
Accession
0001181431-11-010210
Insider Transaction Report
Form 5
Weiss Robert E
Chief Technology Officer
Transactions
- Purchase
Convertible Promissory Note
2010-07-22$50000.00/sh+55,556$2,777,800,000→ 55,556 totalExercise: $0.90From: 2011-01-22→ Common Stock (55,556 underlying) - Purchase
Warrant
2010-07-22$1.25/sh+55,556$69,445→ 55,556 totalExercise: $1.25From: 2011-01-22Exp: 2015-07-21→ Common Stock (55,556 underlying)
Footnotes (2)
- [F1]On July 22, 2010, Mr. Weiss and the Company entered into a Purchase Agreement, under which Mr. Weiss agreed to loan the Company money (the "Loan") to fund ongoing research and development and related business operations. In connection with the Loan, the Company issued Mr. Weiss a secured convertible promissory note in the principal amount of $50,000 and a warrant to purchase shares of the Company's common stock. On January 14, 2011, Mr. Weiss and the Company entered into an amendment to extend the Note's maturity date to April 22, 2011.
- [F2]This note has no expiration date and may be converted at any time prior to payment.
Documents
Issuer
DAYSTAR TECHNOLOGIES INC
CIK 0001262200
Entity typeother
Related Parties
1- filerCIK 0001358579
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 9:44 PM ET
- Size
- 8.2 KB