Home/Filings/4/0001181431-12-040908
4//SEC Filing

White Chester P 4

Accession 0001181431-12-040908

CIK 0000357108other

Filed

Jul 16, 8:00 PM ET

Accepted

Jul 17, 4:46 PM ET

Size

8.6 KB

Accession

0001181431-12-040908

Insider Transaction Report

Form 4
Period: 2012-07-13
White Chester P
Director10% Owner
Transactions
  • Other

    COMMON STOCK

    2012-07-13$0.11/sh+1,276,500$138,11717,910,633 total
Transactions
  • Other

    COMMON STOCK

    2012-07-13$0.11/sh+1,276,500$138,11717,910,633 total
Transactions
  • Other

    COMMON STOCK

    2012-07-13$0.11/sh+1,276,500$138,11717,910,633 total
Footnotes (2)
  • [F1]Shares of the issuer's common stock issued, in lieu of cash, as of July 13, 2012 as payment of interest accrued for the Fiscal Quarter ended July 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 $0.1082 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

ISC8 INC. /DE

CIK 0000357108

Entity typeother

Related Parties

1
  • filerCIK 0001509218

Filing Metadata

Form type
4
Filed
Jul 16, 8:00 PM ET
Accepted
Jul 17, 4:46 PM ET
Size
8.6 KB