Korkos George J 4
4 · Fibrocell Science, Inc. · Filed May 30, 2012
Insider Transaction Report
Form 4
Korkos George J
Director
Transactions
- Award
Series E Preferred Stock
2012-05-24+100,000→ 600,000 totalExercise: $0.25→ Common Stock (100,000 underlying) - Award
Warrant to Purchase Common Stock
2012-05-24+100,000→ 700,000 totalExercise: $0.30→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]The Series E Preferred Stock is immediately exercisable and does not have an expiration date.
- [F2]Each share of Series E Preferred Stock and each Warrant were purchased together as a Unit, for a combined purchase price of $1,000 per Unit. Dr. Korkos purchased 25 Units, for a total purchase price of $25,000.
- [F3]The Warrants may be exercised beginning on the date on which the Company receives approval from its shareholders to file, and subsequently files, an amendment to its Certificate of Incorporation increasing the number of its authorized shares of Common Stock to an amount greater than 250,000,000 shares.
- [F4]The Warrants expire 5 years after the initial exercise date described in Footnote 3.