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)
[F1]2003-12-15$0.10/sh+2,500,000$250,000→ 7,425,473 total - Award
6% Convertible Promissory Note
[F2][F1][F3][F4]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.
Signature
Harold K. Terry|2004-01-21