SAMSONITE CORP/FL 4
4 · SAMSONITE CORP/FL · Filed Jun 7, 2007
Insider Transaction Report
Form 4
SAMSONITE CORP/FLSAMC.OB
MATTON MARC
Chief Supply Officer
Transactions
- Conversion
2003 Convertible Preferred Stock
2007-01-04−119→ 0 totalExercise: $0.42→ Common Stock (385,142 underlying) - Conversion
Common Stock
2007-01-04$0.42/sh+385,142$161,760→ 385,142 total
Footnotes (2)
- [F1]The number of shares of Common Stock issuable upon conversion of the 2003 Convertible Preferred Stock at any time is equal to the quotient obtained by dividing (i) the sum of the Liquidation Value plus all accrued but unpaid dividends thereon by (ii) the Conversion Price then in effect. "Liquidation Value" and "Conversion Price" have the meanings set forth in the Certificate of Designation of the Powers, Preferences and Relative, Participating, Optional and Other Special Rights of 2003 Convertible Preferred Stock and Qualifications, Limitations and Restrictions Thereof (the "Certificate of Designation"). As of January 4, 2007, the Conversion Price was $0.42.
- [F2]Shares of 2003 Convertible Preferred Stock are convertible into shares of common stock from the date of issuance and any time thereafter.