Donino Thomas 5
5 · ENERTECK CORP · Filed Apr 16, 2012
Insider Transaction Report
Form 5
ENERTECK CORPETCK
Donino Thomas
Director10% Owner
Transactions
- Conversion
8% Convertible Promissory Note
2010-12-10$75000.00/sh(indirect: Through BATL Management LP)From: 2010-12-10Exp: 2013-12-10→ Common Stock - Conversion
8% Convertible Promissory Note
2010-06-01$50000.00/shFrom: 2010-06-01Exp: 2013-06-01→ Common Stock - Conversion
8% Convertible Promissory Note
2010-07-20$200000.00/sh(indirect: Through BATL Management LP)From: 2010-07-20Exp: 2013-07-20→ Common Stock - Conversion
8% Convertible Promissory Note
2010-06-01$300000.00/shFrom: 2010-06-01Exp: 2013-06-01→ Common Stock - Conversion
8% Convertible Promissory Note
2010-07-20$200000.00/shFrom: 2010-07-20Exp: 2013-07-20→ Common Stock - Conversion
8% Convertible Promissory Note
2010-12-10$75000.00/shFrom: 2010-12-10Exp: 2013-12-10→ Common Stock
Footnotes (4)
- [F1]This Form 5 is being filed by Thomas Donino.
- [F2]This amount reflects the amount of securities held by BATL Management LP ("BML"). Mr. Donino is the sole officer, director and shareholder of BML's general partner. BML is a family limited partnership whose members are certain relatives and trusts for the benefit of certain relatives of Mr. Donino. In accordance with Instruction of Form 5, the entire amount of the Issuer's securities held by BML is reported herein. Mr. Donino disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent the indirect pecuniary interest therein held by Mr. Donino and members of his immediate family, and this report shall not be deemed an admission that Mr. Donino is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
- [F3]The Convertible Note is convertible into shares of common stock at a Variable Conversion Price defined as 58% of the average of the 3 lowest prices traded in the common stock during the 10 trading day period ending one day prior to conversion.
- [F4]The Convertible Note is convertible into shares of common stock at a Variable Conversion Price defined as the average of the 10 lowest prices traded in the common stock from the initial date of the Convertible Note.