ELLIOTT MICHAEL F 4
4 · U S REALTEL INC · Filed Oct 2, 2003
Insider Transaction Report
Form 4
U S REALTEL INCUSRT
ELLIOTT MICHAEL F
Director
Transactions
- Other
Convertible Note
2003-09-30$1.13/sh+29,744$33,611→ 1,616,083 total(indirect: By Partnership)Exercise: $1.13From: 2003-07-01Exp: 2009-07-01→ Common Stock (1,616,083 underlying)
Footnotes (1)
- [F1]The number of shares issuable upon conversion of this convertible note increased effective as of September 30, 2003 by 29,744 shares as a result of $33,610.56 compounding of interest on the convertible note which has a conversion price of $1.13 per share.