HAMMONS MICHAEL J 4
4 · Ener-Core, Inc. · Filed Jun 15, 2018
Insider Transaction Report
Form 4
Ener-Core, Inc.ENCR
HAMMONS MICHAEL J
Director
Transactions
- Purchase
Convertible Senior Secured Note due 2018
2018-06-05Exercise: $0.25From: 2018-06-05Exp: 2018-12-31→ Common Stock (111,111 underlying) - Purchase
Warrant to Purchase Common Stock
2018-06-05+55,556→ 55,556 totalExercise: $0.30From: 2018-06-05Exp: 2023-06-05→ Common Stock (55,556 underlying)
Footnotes (1)
- [F1]On June 5, 2018, the reporting person acquired directly in a private placement (i) a convertible senior secured promissory note in principal amount of $27,778, convertible into shares of the Company's common stock at an initial conversion price of $0.25 per share and (ii) a five-year warrant to purchase an aggregate of 55,556 shares of the Company's common stock at an exercise price of $0.30 per share.