Wells Gary M. 4
4 · AURA SYSTEMS INC · Filed Apr 2, 2018
Insider Transaction Report
Form 4
AURA SYSTEMS INCAUSI
Wells Gary M.
Director
Transactions
- Award
Warrant (right to buy)
2018-01-11+200,000→ 200,000 totalExercise: $0.20From: 2018-01-11Exp: 2023-01-11→ Common Stock (200,000 underlying)
Holdings
- 0
5% Convertible Promissory Note Issued 12/20/17
Exercise: $0.07Exp: 2018-12-20→ Common Stock (0 underlying)
Footnotes (3)
- [F1]Warrants are 100% vested and exercisable upon the date of grant.
- [F2]The principal amount of the note on December 20, 2017 was $100,000.
- [F3]The outstanding principal amount and accrued interest on this Convertible Note shall automatically be converted into shares of the Issuer's Common Stock upon the the effective date of the authorized reverse stock split.