5//SEC Filing
TRANS LUX Corp 5
Accession 0001190648-16-000002
$TNLXCIK 0000099106operating
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 2:12 PM ET
Size
7.9 KB
Accession
0001190648-16-000002
Insider Transaction Report
Form 5
TRANS LUX CorpTNLX
GREENE ALAN K
Director
Transactions
- Exercise of In-Money
Series B Convertible Preferred Stock
2015-11-19$200.00/sh+252$50,400→ 252 totalExercise: $10.00→ Common Stock (5,040 underlying) - Exercise of In-Money
Subscription Rights (right to buy)
2015-11-19−8,333→ 0 totalExercise: $200.00From: 2015-10-12Exp: 2015-11-19→ Series B Convertible Preferred Stock (252 underlying)
Footnotes (1)
- [F1]The Series B Preferred is convertible into shares of the Issuer's common stock at an initial conversion price of $10.00 per share, representing a conversion ratio of 20 shares of common stock for each share of Series B Preferred held at the time of conversion, subject to adjustment. The Series B Preferred may be subject to mandatory conversion after three years, or as early as one year under certain circumstances and will have a priority upon liquidation equal to the greater of $200.00 per share and the amount payable on the number of shares of common stock into which a share of Series B Preferred would have been converted.
Documents
Issuer
TRANS LUX Corp
CIK 0000099106
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000099106
Filing Metadata
- Form type
- 5
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 2:12 PM ET
- Size
- 7.9 KB