VITAL LIVING INC 4
4 · VITAL LIVING INC · Filed Apr 23, 2007
Insider Transaction Report
Form 4
VITAL LIVING INCVTLV.OB
Linn Gregg
DirectorChief Operating Officer & CFO
Transactions
- Exercise/Conversion
12% Senior Secured Notes due 2008
2007-04-19−4,000,000→ 0 total(indirect: By LLC)From: 2006-06-15Exp: 2009-12-17→ Common Stock (4,000,000 underlying) - Disposition to Issuer
Series D Preferred Stock
2007-04-19−4,000,000→ 0 total(indirect: By LLC)→ Common Stock (4,000,000 underlying)
Footnotes (3)
- [F1]Current market price of the Issuer.
- [F2]VTLV LLC, a Delaware limited liability company ("VTLV"), redeemed Mr. Linn's membership interest in VTLV pursuant to that certain Redemption Agreement between VTLV and Mr. Linn dated April 19, 2007, for an aggregate redemption price of $850,000.
- [F3]The Series D Preferred Stock is convertible at any time, at the holder's election, and has no expiration date.