Ener-Core, Inc. 4
4 · Ener-Core, Inc. · Filed Dec 6, 2016
Insider Transaction Report
Form 4
Ener-Core, Inc.ENCR
Markscheid Stephen
Director
Transactions
- Purchase
Convertible Senior Secured Note due 2018
2016-12-02Exercise: $2.50From: 2016-12-02Exp: 2018-12-31→ Common Stock (8,000 underlying) - Purchase
Warrant to Purchase Common Stock
2016-12-02+8,000→ 8,000 totalExercise: $3.00From: 2016-12-02Exp: 2021-12-02→ Common Stock (8,000 underlying)
Footnotes (1)
- [F1]On December 2, 2016, the reporting person acquired directly in a private placement (i) a convertible senior secured promissory note in principal amount of $20,000, convertible into shares of the Company's common stock at an initial conversion price of $2.50 per share, and (ii) a five-year warrant to purchase an aggregate of 8,000 shares of the Company's common stock at an exercise price of $3.00 per share.