Home/Filings/4/0001220509-04-000002
4//SEC Filing

ALONIM INVESTMENTS INC 4

Accession 0001220509-04-000002

CIK 0001007800other

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 4:00 PM ET

Size

11.5 KB

Accession

0001220509-04-000002

Insider Transaction Report

Form 4
Period: 2004-02-18
Transactions
  • Other

    Warrant

    2002-09-27+01 total(indirect: By LLC)
    Exercise: $2.95From: 2003-09-27Exp: 2005-09-26Common Stock (900,000 underlying)
  • Conversion

    Common Stock

    2004-02-18$3.52/sh+3,000,000$10,560,00012,749,200 total(indirect: By LLC)
  • Conversion

    Common Stock

    2004-02-18$7.50/sh+1,600,000$12,000,0009,749,200 total(indirect: By LLC)
Footnotes (7)
  • [F1]This transaction constitutes the conversion of the $12 Million 5.75% Convertible Secured Note, due 2007 held by Rodfre Lending, LLC
  • [F2]8,149,200 shares are held indirectly, through wholly owned affiliate, Rodfre Holding, LLC. the 1,600,000 shares attributable to the conversion of the aforementioned Convertible Secured Note are held through Rodfre Lending, LLC.
  • [F3]This transaction constitutes the conversion of the $10.56 Million 1.5 % Convertible Secured Note, due June 2007 held by Rodfre Lending, LLC
  • [F4]Rodfre Lending LLC also paid to the Issuer, above and beyond the conversion price of $3.52 per share of common stock, an additional consideration of $3,000,000 for the vesting of the Conversion Rights under the $10.56 Million 1.5% Convertible Secured Note, and agreed to forgive accrued interest and to forego future interest, pursuant to the Modification Agreement executed as of December 23, 2003, as previously reported on Schedule 13D/A by the Reporting Person.
  • [F5]8,149,200 shares are held indirectly, through wholly owned affiliate, Rodfre Holding, LLC. The 1,600,000 shares attributable to the conversion of the 12 Million 5.75% Convertible Secured Note due 2007 and the 3,000,000 shares attributable to the conversion of the $10,56 Million 1.5% Convertible Secured Note due June 2007 are held through Rodfre Lending, LLC.
  • [F6]Warrant was granted as part of the transaction involving the acquisition of the $12 Million 5.75% Convertible Secured Note.
  • [F7]Previously reported.

Issuer

SIPEX CORP

CIK 0001007800

Entity typeother
IncorporatedQuebec, Canada

Related Parties

1
  • filerCIK 0001220509

Filing Metadata

Form type
4
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 4:00 PM ET
Size
11.5 KB