HAMMONS MICHAEL J 4
4 · Ener-Core, Inc. · Filed Nov 2, 2017
Insider Transaction Report
Form 4
Ener-Core, Inc.ENCR
HAMMONS MICHAEL J
Director
Transactions
- Purchase
Convertible Senior Secured Note due 2018
2017-11-01Exercise: $2.50From: 2017-11-01Exp: 2018-12-31→ Common Stock (2,222 underlying) - Purchase
Warrant to Purchase Common Stock
2017-11-01+2,222→ 2,222 totalExercise: $1.50From: 2017-11-01Exp: 2022-11-01→ Common Stock (2,222 underlying)
Footnotes (1)
- [F1]On November 1, 2017, the reporting person acquired directly in a private placement (i) a convertible senior secured promissory note in principal amount of $5,556, 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 2,222 shares of the Company's common stock at an exercise price of $1.50 per share.