Castle Brands Inc 4
4 · Castle Brands Inc · Filed Nov 4, 2013
Insider Transaction Report
Form 4
Scholl Dennis
Director
Transactions
- Award
5% Subordinated Convertible Note due 2018
2013-10-31$100000.00/shExercise: $0.90From: 2013-10-31Exp: 2018-12-15→ Common Stock (111,111 underlying)
Footnotes (1)
- [F1]Based on the initial principal amount of the 5% Subordinated Convertible Promissory Note (the "Note"). Interest on the Note is payable in cash on a quarterly basis; however, the Note and accrued but unpaid interest thereon are convertible into shares of Common Stock in whole or in part from time to time at the option of the holder.