4//SEC Filing
White Chester P 4
Accession 0001181431-12-003042
CIK 0000357108other
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 8:30 PM ET
Size
15.7 KB
Accession
0001181431-12-003042
Insider Transaction Report
Form 4
IRVINE SENSORS CORP/DE/IRSN.OB
White Chester P
Director10% Owner
Transactions
- Other
COMMON STOCK
2012-01-16$0.09/sh+1,576,672$138,116→ 15,718,233 total
Griffin Partners LLC
10% Owner
Transactions
- Other
COMMON STOCK
2012-01-16$0.09/sh+1,576,672$138,116→ 15,718,233 total
GRIFFIN FUND LP
10% Owner
Transactions
- Other
COMMON STOCK
2012-01-16$0.09/sh+1,576,672$138,116→ 15,718,233 total
Footnotes (2)
- [F1]Shares of the issuer's common stock issued, in lieu of cash, as of January 16, 2012 as payment of interest accrued for the Fiscal Quarter ended January 1, 2012 ("Accrued Interest") under and pursuant to the terms of the Subordinated Secured Convertible Notes issued on December 23, 2010, March 31, 2011 and July 1, 2011 to The Griffin Fund LP ("Note"). Such number of shares issued equals the quotient of: (a) the amount of Accrued Interest; and (b) the Interest Conversion Price, based on a weighted average price per share of the issuer's common stock of $0.0876 as calculated pursuant to the terms of the Note.
- [F2]The securities reported as directly beneficially owned by The Griffin Fund LP may be deemed to be indirectly beneficially owned by Griffin Partners LLC, and Chester White. Chester White is the Managing Member of Griffin Partners LLC, which is the General Partner of The Griffin Fund LP, but each of them disclaims beneficial ownership of any securities, and any proceeds thereof, that exceed its or his pecuniary interest therein, and/or that are not actually distributed to it or him, repectively.
Issuer
IRVINE SENSORS CORP/DE/
CIK 0000357108
Entity typeother
Related Parties
1- filerCIK 0001509218
Filing Metadata
- Form type
- 4
- Filed
- Jan 17, 7:00 PM ET
- Accepted
- Jan 18, 8:30 PM ET
- Size
- 15.7 KB