Hulsizer Matthew 4
4 · ROOMLINX INC · Filed Oct 12, 2010
Insider Transaction Report
Form 4
ROOMLINX INCRMLX
Hulsizer Matthew
10% Owner
Transactions
- Other
Common Stock Warrant
2010-08-02+170,500→ 0 total(indirect: See Footnote)Exercise: $2.00Exp: 2013-08-02→ Common Stock (170,500 underlying) - Exercise of In-Money
Common Stock
2010-10-01$2.00/sh+75,000$150,000→ 1,380,081 total(indirect: See Footnote) - Other
Common Stock Warrant
2010-08-30−170,500→ 0 total(indirect: See Footnote)Exercise: $2.00Exp: 2013-08-02→ Common Stock (170,500 underlying) - Exercise of In-Money
Common Stock
2010-08-30$2.00/sh+170,500$341,000→ 1,305,081 total(indirect: See Footnote) - Other
Common Stock Warrant
2010-10-01+75,000→ 0 total(indirect: See Footnote)Exercise: $2.00Exp: 2013-10-01→ Common Stock (75,000 underlying)
Footnotes (5)
- [F1]Owned by Cenfin LLC, an affiliate of Matthew Hulsizer.
- [F2]On June 5, 2009, the Issuer entered into a Revolving Credit, Security and Warrant Purchase Agreement (the "Credit Agreement") with Cenfin LLC, an affiliate of Matthew Hulsizer, pursuant to which Cenfin LLC agreed to make revolving loans to the Issuer from time to time in a maximum outstanding amount of $5,000,000 and pursuant to which, upon the making of each such revolving loan, the Issuer agreed to issue to Cenfin LLC (i) a Revolving Credit Note evidencing such revolving loan and (ii) a Warrant to purchase a number of shares of the Issuer's Common Stock equal to 50% of the principal amount funded in respect of such revolving loan divided by $2.00 per share. The transaction described on this line was a result of the issuance or exercise of such Warrants.
- [F3]Immediately.
- [F4]Not applicable.
- [F5]Of the 1,380,081 shares of the Issuer's common stock owned directly and indirectly by Mr. Hulsizer, 361,500 are owned indirectly through Cenfin LLC, 976,140 are owned jointly with Jennifer Just, and 42,441 are owned by the Hulsizer Descendent Trusts of which Matthew Hulsizer is Trustee.