Gruber Joerg 4
4 · SyntheMed, Inc. · Filed Nov 5, 2009
Insider Transaction Report
Form 4
SyntheMed, Inc.symd
Gruber Joerg
Director
Transactions
- Award
Common Stock
2009-09-30$0.26/sh+9,375$2,438→ 3,467,750 total - Award
Warrants
2009-09-30+350,000→ 350,000 total(indirect: By Clubb Capital Limited)Exercise: $0.20From: 2009-09-30Exp: 2013-09-30→ Common Stock (350,000 underlying)
Holdings
- 823,000(indirect: By Clubb Capital Limited)
Common Stock
Footnotes (2)
- [F1]Reflects the portion of the reporting person's quarterly board fees for the third quarter of 2009 which, in accordance with approval by the Board of Directors, is payable in shares of common stock, based on the fair market value of the shares on the last trading day of the quarter, as reflected by the closing price ($.26) on that date.
- [F2]The reporting person is Chairman and a director of Clubb Capital Limited. The reporting person disclaims beneficial ownership of the securities held by Clubb Capital Limited except to the extent of his pecuniary interest therein.