Atomera Inc 4/A
4/A · Atomera Inc · Filed May 11, 2017
Insider Transaction Report
Form 4/AAmended
Atomera IncATOM
Gerber John
Director
Transactions
- Conversion
Common Stock
2016-08-10+201,814→ 201,814 total(indirect: By Spouse) - Conversion
Common Stock
2016-08-10+1,382→ 203,196 total(indirect: By Spouse) - Gift
10% Senior Secured Convertible Promissory Note
2016-08-05Exp: 2017-05-31→ Common Stock (201,814 underlying) - Gift
10% Senior Secured Convertible Promissory Note
2016-08-05−5,179.45Exp: 2017-05-31→ Common Stock (1,382 underlying) - Conversion
10% Senior Secured Convertible Promissory Note
2016-08-10(indirect: By Spouse)Exp: 2017-05-31→ Common Stock (201,814 underlying) - Conversion
10% Senior Secured Convertible Promissory Note
2016-08-10(indirect: By Spouse)Exp: 2017-05-31→ Common Stock (1,382 underlying) - Award
Common Stock
2016-08-10+200,000→ 237,297 total - Gift
10% Senior Secured Convertible Promissory Note
2016-08-05(indirect: By Spouse)Exp: 2017-05-31→ Common Stock (201,814 underlying) - Gift
10% Senior Secured Convertible Promissory Note
2016-08-05+5,179.45(indirect: By Spouse)Exp: 2017-05-31→ Common Stock (1,382 underlying)
Footnotes (2)
- [F1]Calculated based on the conversion price of $3.75 per share, upon the completion of the Issuer's initial public offering ("IPO").
- [F2]All principal and interest under the 10% senior secured convertible promissory note are convertible into shares of the Issuer's common stock as follows: (i) upon the consummation of an IPO by the Issuer, all principal and interest shall automatically convert at 50% of the IPO price, provided, however, in no event shall the conversion price be greater than $7.362 nor less than $3.681 per share; (ii) in the event of a subsequent private placement approved by the holders of 50% or more of the aggregate principal amount of all convertible notes, all principal and interest shall automatically convert at 50% of the offer price in the subsequent private placement, provided, however, in no event shall the conversion price be greater than $7.362 nor less than $3.681 per share; and (iii) until the 10th day prior to the consummation of an IPO by the Issuer, the reporting person, at his option, may convert at a conversion price of $7.362 per share.