Pennington Robert Ira 4
4 · General Moly, Inc · Filed Aug 7, 2019
Insider Transaction Report
Form 4
Pennington Robert Ira
VP Engineering & Construction
Transactions
- Purchase
Series B Preferred Stock
2019-08-05$100.00/sh+400$40,000→ 400 total→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Each share of Series B Preferred Stock is convertible at any time at the holder's discretion into 500 shares of the issuer's common stock.
- [F2]The Series B Preferred Stock has no expiration date, but is mandatorily redeemable at such time that the issuer's senior convertible promissory notes issued in December 2014 become due and payable in accordance with their terms, as such terms may be modified from time to time.