HALBUR MARTIN 4
4 · ISECURETRAC CORP · Filed Jan 12, 2005
Insider Transaction Report
Form 4
ISECURETRAC CORPisre
HALBUR MARTIN
Director
Transactions
- Award
Common Stock
2004-12-30$0.23/sh+326,087$75,000→ 1,632,928 total - Award
Series A Convertible Preferred Stock
2004-12-27$1.00/sh+37.364$37→ 338.978 totalExercise: $1.00From: 2004-12-27→ Common Stock (37,364 underlying) - Conversion
Common Stock
2004-12-30$1.00/sh+338,978$338,978→ 1,306,841 total - Conversion
Series A Convertible Preferred Stock
2004-12-30−338.978→ 0 totalExercise: $1.00→ Common Stock (338,978 underlying)
Footnotes (5)
- [F1]Series A Convertible Preferred Stock dividend for the period of October 1, 2003 through December 27, 2004.
- [F2]There is no expiration date. However, the Series A Convertible Preferred Stock is subject to mandatory conversion after September 30, 2004 at the election of the Board of Directors.
- [F3]Mandatory conversion of the Series A Convertible Preferred Stock to common stock by the Board of Directors on December 30, 2004.
- [F4]There is no Series A Convertible Preferred Stock remaining.
- [F5]Converted Promissory Note held with iSECUREtrac Corp. at $0.23 per share.