ELLIOTT MICHAEL F 4
4 · U S REALTEL INC · Filed Jan 5, 2004
Insider Transaction Report
Form 4
U S REALTEL INCUSRT
ELLIOTT MICHAEL F
Director
Transactions
- Other
Convertible Note
2003-12-31$1.13/sh+30,302$34,241→ 1,646,385 total(indirect: By Partnership)Exercise: $1.13From: 2003-07-01Exp: 2009-07-01→ Common Stock (1,646,385 underlying)
Footnotes (1)
- [F1]The number of shares issuable upon conversion of this convertible note increased effective as of December 31, 2003 by 30,302 shares as a result of $34,240.76 compounding of interest on the convertible note which has a conversion price of $1.13 per share.