Katzman Jerry 4
4 · COMPREHENSIVE CARE CORP · Filed May 15, 2009
Insider Transaction Report
Form 4
Katzman Jerry
DirectorEVP Strategic Development
Transactions
- Award
Warrant to purchase Series D Preferred Stock
2009-05-13$25000.00/sh+100$2,500,000→ 100 totalExercise: $25000.00From: 2009-05-13Exp: 2012-05-13→ Series D Preferred (100 underlying)
Footnotes (1)
- [F1]The per share exercise price is $25,000.00. The warrant is exercisable at any time at the option of the holder after the Company increases the number of its authorized common shares, which is expected to occur during the second calendar quarter of 2009. Each share of Series D Preferred Stock is convertible in whole or in part, at the option of the holder at any time after the date of issuance and without the payment of any additional consideration, into 100,000 shares of fully paid and nonassessable shares of Common Stock.