5//SEC Filing
LACEY PETER ALAN 5
Accession 0001181431-11-010213
CIK 0001262200other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 9:55 PM ET
Size
11.1 KB
Accession
0001181431-11-010213
Insider Transaction Report
Form 5
LACEY PETER ALAN
10% Owner
Transactions
- Purchase
Convertible Promissory Note
2010-07-22$3075000.00/sh+2,896,297$8,906,113,275,000→ 3,416,668 total(indirect: By Trust)Exercise: $0.90From: 2011-01-22→ Common Stock (3,194,446 underlying) - Purchase
Warrant
2010-07-22$1.25/sh+222,222$277,778→ 222,222 total(indirect: By Trust)Exercise: $1.25From: 2010-07-22Exp: 2015-07-21→ Common Stock (222,222 underlying) - Other
Warrant
2010-10-12$1.70/sh+2,692,594$4,577,410→ 2,692,594 total(indirect: By Trust)Exercise: $1.70From: 2011-04-12Exp: 2015-10-11→ Common Stock (2,692,594 underlying)
Footnotes (2)
- [F1]On July 22, 2010, Mr. Lacey and the Company entered into an amended and restated Purchase Agreement (the "Purchase Agreement"), under which 1) Mr. Lacey and the Company agreed to restructure prior Notes and Warrants and 2) Mr. Lacey agreed to loan the Company an additional $200,000 (the "Loan") to fund ongoing research and development and related business operations. Under the terms of the Purchase Agreement, the Company issued Mr. Lacey i) a secured convertible promissory note in the principal amount of $3,075,000, which included the restructured terms of prior Notes convertible into an additional 2,674,075 shares of common stock and ii) a warrant to purchase 222,222 shares of Common Stock. On January 14, 2011, Mr. Lacey and the Company entered into an amendment to extend the Note's maturity date to April 22, 2011. The Company issued Mr. Lacey an additional warrant, subject to the terms of the Purchase Agreement, on October 12, 2010.
- [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 0001319805
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 9:55 PM ET
- Size
- 11.1 KB