Gagerman Melvin 4
4 · AURA SYSTEMS INC · Filed Dec 10, 2009
Insider Transaction Report
Form 4
AURA SYSTEMS INCAUSI.PK
Gagerman Melvin
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2009-10-28$0.75/sh+214,680$161,010→ 370,111 total(indirect: By Trust) - Purchase
Warrants
2009-10-28+107,340→ 136,329 total(indirect: By Trust)From: 2009-10-28Exp: 2014-10-27→ Common Stock (107,340 underlying)
Holdings
- 1,400,000
Options (right to buy)
Exercise: $1.50From: 2009-12-19Exp: 2014-06-18→ Common Stock (1,400,000 underlying)
Footnotes (2)
- [F1]The securities are held by the Melvin and Normie Gagerman Trust.
- [F2]$1.25 per share during the first twelve (12) months from the date of issuance (October 28, 2009), $1.50 per share from the thirteenth (13th) to the twenty-fourth (24th) month from the date of issuance, and $2.00 from the twenty-fifth (25th) to the sixtieth (60th) month after the date of issuance.