root9B Technologies, Inc. 4/A
4/A · root9B Technologies, Inc. · Filed Mar 15, 2016
Insider Transaction Report
Form 4/AAmended
CATSIMATIDIS JOHN A
Director
Transactions
- Purchase
Warrant
2016-03-10+220,682→ 220,682 total(indirect: United Acquisition Corp.)Exercise: $1.10From: 2016-03-10Exp: 2021-03-10→ common stock, par value $0.001 (220,682 underlying)
Footnotes (3)
- [F1]As a result of this purchase, 608,187 shares of stock are held by United Acquisition Corp., which is indirectly 100% owned and controlled by John A. Catsimatidis, who is therefore deemed the indirect beneficial owner. 10,000 shares of stock are held by United Refining Inc., which is indirectly 100% owned and controlled by John A. Catsimatidis, who is therefore deemed the indirect beneficial owner. John Catsimatidis directly owns 375,000 shares.
- [F2]United Acquisition Corp. has completed a Securities Purchase Agreement with the Company, in which United Acquisition has purchased 220,682 shares of common stock at $1.10 per share. Additionally, United Acquisition Corp. was provided 100% warrant coverage, the right to buy 220,682 shares of common stock at a Warrant Exercise Price of $1.10 per share.
- [F3]Pursuant to the terms of the Amended and Restated Securities Purchase Agreement dated March 10, 2016, United Acquisitions Corp. is provided warrant coverage of 100% on 220,682 shares of common stock and thus 220,682 warrants, which replaced the 55,170 warrants issued on November 5, 2015. Additionally, the warrant exercise price was revised to $1.10 from the original exercise price of $1.50.