ADSERO CORP 4
4 · ADSERO CORP · Filed Feb 5, 2007
Insider Transaction Report
Form 4
ADSERO CORPadso.ob
Brueckmann-Turbon Holger
10% Owner
Transactions
- Purchase
Common Stock
2007-01-31$0.27/sh+6,792,397$1,799,985→ 6,792,397 total(indirect: See Note (3)) - Purchase
Warrants
2007-01-31+2,400,000→ 2,400,000 total(indirect: See Note 3)Exercise: $1.25From: 2007-01-31Exp: 2008-05-03→ Common Stock (2,400,000 underlying) - Sale
Common Stock
2007-01-31$0.27/sh−6,792,397$1,799,985→ 0 total(indirect: See Note (2)) - Sale
Warrants
2007-01-31−2,400,000→ 0 total(indirect: See Note 2)Exercise: $1.25From: 2007-01-31Exp: 2008-05-03→ Common Stock (2,400,000 underlying)
Footnotes (3)
- [F1]The price of the warrants was included in the aggregate consideration paid for the shares of common stock and no allocation has been made among such securities.
- [F2]The securities disposed of were owned directly by HBT Holdings GmbH, a company owned by the reporting person.
- [F3]The securities acquired are owned directly by Turbon AG, a corporation in which the reporting person is a principal stockholder. The reporting person disclaims beneficial ownership of the reported securities held by Turbon AG except to the extent of his pecuniary interest therein.