ICAD INC 4
4 · ICAD INC · Filed Jun 1, 2006
Insider Transaction Report
Form 4
ICAD INCicad
Sklaroff Herschell
Director
Transactions
- Conversion
Common Stock
2006-05-25$2.00/sh+39,500$79,000→ 39,500 total - Conversion
7% Series B Convertible Preferred Stock
2006-05-25−79→ 0 totalFrom: 2000-10-19→ Common Stock (39,500 underlying)
Footnotes (1)
- [F1]The 7% Series B Convertible Preferred Stock was purchased for $1,000 per share, which is the liquidation value per share. Each share of Series B Convertible Preferred Stock is convertible into that number of shares of the issuer's common stock as determined by dividing the aggregate liquidation value of the Series B Convertible Preferred Stock being converted by $2.00 (resulting in a purchase price per share of common stock of $2.00). The shares of 7% Series B Convertible Preferred Stock do not have expiration dates.