FUSION TELECOMMUNICATIONS INTERNATIONAL INC 4
4 · FUSION TELECOMMUNICATIONS INTERNATIONAL INC · Filed Nov 20, 2013
Insider Transaction Report
Form 4
Rosen Jack
Director
Transactions
- Purchase
B-1 Preferred Stock
2012-10-22$1000.00/sh+250$250,000→ 250 total(indirect: See Footnote 1)Exercise: $0.11Exp: 2017-10-22→ Common Stock (2,289,378 underlying) - Purchase
Warrants
2012-10-22+915,751→ 1,172,421 total(indirect: See Footnote 1)Exercise: $0.14Exp: 2017-10-22→ Common Stock (915,751 underlying)
Footnotes (2)
- [F1]Shares are held by Rosen Partners, LLC of which Mr. Rosen is the founder and Chief Executive Officer, of the 1,172,421 Common Stock Purchase Warrants, 55,556 are held directly in the name of Jack Rosen.
- [F2]The Series B-1 Preferred Stock may not be converted and the Fixed Warrants may not be exercised until the effective date of the amendment to the Company's Certificate of Incorporation increasing the number of authorized shares of the Company's Common Stock to such amount as shall permit all of the outstanding preferred shares and Fixed Warrants to be converted or exercised into the Company's Common Stock.