4//SEC Filing
IMAGE INVESTOR PORTFOLIO A SEP SER OF MEMPHIS ANGELS LLC 4
Accession 0001209188-05-000001
CIK 0001088022other
Filed
Aug 22, 8:00 PM ET
Accepted
Aug 23, 5:12 PM ET
Size
27.4 KB
Accession
0001209188-05-000001
Insider Transaction Report
Form 4
IPIX CORPIPIX
Transactions
- Sale
Common Stock
2005-08-19$3.66/sh−47,611$174,104→ 0 total - Other
Series B Convertible Preferred Stock
2005-08-19−230,513→ 2,769 totalExercise: $2.17→ Common Stock (2,122,448 underlying) - Other
Series B Convertible Preferred Stock
2005-08-19+4,929→ 4,929 totalExercise: $2.17→ Common Stock (45,383 underlying) - Other
Common Stock
2005-08-19+2,228→ 2,228 total - Sale
Common Stock
2005-08-19$3.59/sh−65,625$235,456→ 39,818 total - Other
Common Stock
2005-08-19−38,566→ 1,252 total - Conversion
Common Stock
2005-08-19$2.17/sh+45,383$98,481→ 47,611 total - Other
Tranche A Warrants
2005-08-19−96,831→ 2,769 totalExercise: $40.00Exp: 2006-05-14→ Series B Convertible Preferred Stock (96,831 underlying) - Conversion
Series B Convertible Preferred Stock
2005-08-19−4,929→ 0 totalExercise: $2.17From: 2005-08-19→ Common Stock (45,383 underlying)
Footnotes (8)
- [F1]Distribution of 31,246 shares of common stock to the members of Image Investor Portfolio, including 1,252 shares to Paradigm Holdings, 2,228 shares of Common Stock to Frank McGrew, IV, and of 8,572 shares of common stock to one unaffiliated non-member.
- [F2]Distribution of 214,316 shares of Series B Convertible Preferred Stock to members of Image Investors Portfolio, including 2,769 shares to Paradigm Holdings, 4,929 shares to Frank McGrew, IV, and 18,966 shares of Series B Convertible Preferred Stock to one unaffiliated non-member.
- [F3]Exercisable at any time.
- [F4]No expiration date.
- [F5]Image Investors received the Tranche A Warrant which entitles Image to purchase 99,600 shares of Series B Preferred Stock in connection with a Securities Purchase Agreement between IPIX Corp. and Image Investors. Image is distributing the rights to purchase 89,640 shares of Series B Preferred Stock to its members and distributing the rights to purchase 9,960 shares of Series B Preferred Stock to one unaffiliated non-member.
- [F6]Paradigm Holdings received a Tranche A Warrant entitling it to purchase 996 shares of Series B Preferred Stock; Frank McGrew, IV, received a Tranche A Warrant entitling him to purchase 1,773 shares of Series B Preferred Stock.
- [F7]Pro rata distribution from Image Investors Portfoliao to Frank McGrew, IV, Managing Partner of Paradigm Holdings.
- [F8]Conversion of Series B Preferred Stock and sale of common stock by Frank McGrew, IV.
Documents
Issuer
IPIX CORP
CIK 0001088022
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001141302
Filing Metadata
- Form type
- 4
- Filed
- Aug 22, 8:00 PM ET
- Accepted
- Aug 23, 5:12 PM ET
- Size
- 27.4 KB