4//SEC Filing
XENONICS HOLDINGS, INC. 4
Accession 0001250853-14-000117
CIK 0001289550operating
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 6:12 PM ET
Size
6.0 KB
Accession
0001250853-14-000117
Insider Transaction Report
Form 4
Kennedy Jeffrey P
DirectorPresident/COO
Transactions
- Award
13% Convertible Note due 2017
2014-09-10$50000.00/shExercise: $0.07From: 2014-09-10Exp: 2017-09-10→ Common Stock
Footnotes (1)
- [F1]The Reporting Person purchased a Convertible Secured Promissory Note of the Issuer in the principal amount of $50,000 ("Note"). The Note accrues simple interest at the rate of 13% per annum. The Reporting Person has the right to convert the principal amount, and any accrued and unpaid interest thereon, of the Note into shares of common stock of the Issuer at a conversation rate of $0.07 per share (subject to adjustment in the event of stock splits, stock dividends and reclassifications). Subject to certain exceptions, the Reporting Person may exercise such conversion right at any time and from time to time prior to the maturity date. The Note is due and payable, to the extent not converted, on or before September 10, 2017.
Documents
Issuer
XENONICS HOLDINGS, INC.
CIK 0001289550
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001289550
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 6:12 PM ET
- Size
- 6.0 KB