INSCI CORP 4
4 · INSCI CORP · Filed Jan 7, 2004
Insider Transaction Report
Form 4
INSCI CORPinccv
NELSON HENRY F
DirectorPRESIDENT AND CEO
Transactions
- Purchase
Series C Convertible Preferred Stock, par value $.01
2003-12-31$1.94/sh+257,785$500,000→ 257,785 totalExercise: $0.97→ Common Stock (515,570 underlying)
Footnotes (4)
- [F1]Takes into account the Issuer's 1:10 reverse split of common stock effective 1/2/04
- [F2]Exercisable at any time.
- [F3]No expiration date.
- [F4]CSSMK, LLC is the registered owner of the Series C Convertible Preferred Stock. The Reporting Person, Henry F. Nelson is the member/manager of CSSMK LLC and as such, for purposes of Section 16 reporting is deemed to be a beneficial owner of securites held by CSSMK, LLC.