TWIN LAKES INC 4
4 · TWIN LAKES INC · Filed Jan 12, 2004
Insider Transaction Report
Form 4
TWIN LAKES INCnot trad.
SBK INVESTMENT PARTNERS
10% Owner
Transactions
- Other
Common Stock, $.001 par value
2004-01-08$7573.33/sh−695,800$5,269,523,014→ 14,200 total - Other
Class A Redeemable Common Stock Purchase Warrants
2004-01-08$3.00/sh−13,333$39,999→ 0 total(indirect: See footnote)Exercise: $3.00From: 2003-01-12Exp: 2007-01-11→ Common Stock (13,333 underlying) - Other
Common Stock, $.001 par value
2004-01-08$426.67/sh−39,200$16,725,464→ 800 total(indirect: See Footnote)
Footnotes (2)
- [F1]On January 8, 2004, the Issuer, the Reporting Person and certain other parties entered into a Stock Purchase Agreement whereby the Reporting Person agreed to sell to a third-party buyer 695,800 shares of Common Stock of the Issuer for a purchase price of $7,573.33.
- [F2]These shares of common stock and warrants are registered in the name of Snow Becker Krauss P.C., a partnership consisting of members of Snow Becker Krauss P.C. The members of SBK Investment Partners are also members of Snow Becker Krauss P.C. Pursuant to the Stock Purchase Agreement, Snow Becker Krauss P.C. sold 39,200 shares of common stock and 133,333 Warrants for a purchase price of $426.67.