Finestone Arnold 4
4 · COMPREHENSIVE CARE CORP · Filed Jun 26, 2009
Insider Transaction Report
Form 4
Finestone Arnold
Director
Transactions
- Exercise/Conversion
Series B-1 Convertible Preferred Stock
2009-06-25−28.39→ 0 total→ Common (77,171 underlying) - Exercise/Conversion
Series C Convertible Preferred Stock
2009-06-25+244→ 244 total→ Common (77,171 underlying) - Exercise/Conversion
Series B-2 Convertible Preferred Stock
2009-06-24−45.17→ 0 total→ Common (122,829 underlying) - Exercise/Conversion
Common Stock
2009-06-24+122,829→ 122,829 total
Footnotes (2)
- [F1]On June 24, 2009, pursuant to automatic conversion provisions contained in the Issuer's Certificate of Designation of Series B-2 Convertible Preferred Stock, all of the Reporting Person's holdings of Series B-2 Convertible Preferred Stock were converted into 122,829 shares of the Issuer's common stock, which number had been fixed by prior agreement.
- [F2]On June 25, 2009, pursuant to automatic conversion provisions contained in the Issuer's Certificate of Designation of Series B-1 Convertible Preferred Stock, all of the Reporting Person's holdings of the Issuer's Series B-1 Convertible Preferred Stock were converted into 244 shares of the Issuer's Series C Convertible Preferred Stock, which number had been fixed by prior agreement. The Series C Preferred Stock in turn may convert into 77,171 shares of the Issuer's Common Stock. This conversion feature has no expiration date.