TERRY HAROLD K 4
4 · MAGIC MEDIA NETWORKS INC · Filed Jan 21, 2004
Insider Transaction Report
Form 4
TERRY HAROLD K
10% Owner
Transactions
- Award
Common Stock (0.0001)
2003-12-15$0.10/sh+2,500,000$250,000→ 7,425,473 total - Award
6% Convertible Promissory Note
2003-11-21$1.00/shExp: 2004-10-15→ Common Stock (0.0001)
Footnotes (4)
- [F1]Acquired from Company in transaction that was exempt from registration under Section 4(2).
- [F2]The promissory note is convertible at the average closing price of common stock for the five trading days prior to receipt of election to convert but not less than $0.05 per share. Accrued interest may also be converted in like manner.
- [F3]Any time prior to 10/15/04
- [F4]The total number of shares into which the security is convertible cannot be determined because it is based on the future market price of the common stock.