4//SEC Filing
Avantair, Inc 4
Accession 0001181431-12-062349
CIK 0001303849operating
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 7:28 PM ET
Size
8.1 KB
Accession
0001181431-12-062349
Insider Transaction Report
Form 4
Avantair, IncAAIR.OB
GOLDBERG ARTHUR H
Director
Transactions
- Award
Warrants to Purchase Common Stock (right to buy)
2012-11-30+400,000→ 400,000 totalExercise: $0.50Exp: 2017-11-30→ Common Stock (400,000 underlying) - Award
Senior Secured Convertible Promissory Notes
2012-11-30$100000.00/shExercise: $0.25Exp: 2015-11-30→ Common Stock (400,000 underlying)
Footnotes (3)
- [F1]The Senior Secured Convertible Promissory Notes (the "Notes") are convertible into shares of common stock of the Issuer at any time to the extent there is a sufficient number of authorized shares not otherwise reserved for issuance by the Company. If the Issuer elects to prepay the Notes, which the Issuer has the right to elect on or after November 30, 2014, the Notes will no longer be convertible on the date five days prior to the prepayment date.
- [F2]The Warrants to purchase common stock of the Issuer (the "Warrant") are exercisable only if a sufficient number of shares of common stock are authorized for the exercise of the Warrants.
- [F3]On November 30, 2012, the Reporting Person was issued Warrants in conjunction with the issuance of the Note to the Reporting Person. No additional consideration was paid by the Reporting Person to the Issuer for the issuance of the Warrants.
Documents
Issuer
Avantair, Inc
CIK 0001303849
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001303849
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 7:28 PM ET
- Size
- 8.1 KB