Home/Filings/4/0001209191-12-002595
4//SEC Filing

Ray Sharon Kay 4

Accession 0001209191-12-002595

CIK 0000022872other

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 5:24 PM ET

Size

8.6 KB

Accession

0001209191-12-002595

Insider Transaction Report

Form 4
Period: 2012-01-04
Transactions
  • Award

    Series D Convertible Preferred Stock

    2012-01-04+2525 total
    From: 2022-01-04Common Stock (2,500,000 underlying)
  • Disposition to Issuer

    Warrant to purchase Series D Convertible Preferred Stock

    2012-01-04$25000.00/sh3$75,0000 total
    Exercise: $25000.00From: 2009-03-31Exp: 2012-03-31Series D Convertible Preferred Stock (3 underlying)
Footnotes (1)
  • [F1]On December 29, 2011 the Board of Directors approved a restricted stock grant of the Series D Convertible Preferred Stock ("Series D Stock"), which was granted to the Reporting Person on January 4, 2012. As a condition of the grant, the Reporting Person surrendered for cancellation all warrants for the purchase of shares of Series D Stock held by the Reporting Person. The restricted shares of Series D Stock will vest on the 10th anniversary of the grant date. The restricted shares will, however, have the voting, dividend, liquidation and other rights of a share of Series D Stock effective from the date of grant. After the 10th anniversary of the grant date, each share of Series D Stock may be converted into 100,000 shares of the Issuer's Common Stock. Shares of Series D Stock have no expiration date.

Issuer

COMPREHENSIVE CARE CORP

CIK 0000022872

Entity typeother

Related Parties

1
  • filerCIK 0001422412

Filing Metadata

Form type
4
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 5:24 PM ET
Size
8.6 KB