MARSHALL DAVID M 4

Accession 0001403462-12-000004

CIK 0001160142other

View on SEC.gov Company Profile

Filed

Oct 15, 8:00 PM ET

Accepted

Oct 16, 6:01 PM ET

Size

25.5 KB

Accession

0001403462-12-000004

Insider Transaction Report

Form 4

Period: 2012-10-12

InterMetro Communications, Inc.IMTO

MARSHALL DAVID M

10% Owner

Transactions

Other
2009 Convertible Note (right to buy)
2012-10-12(indirect: See Note (2))
Exercise: $0.25From: 2010-10-05Exp: 2012-10-12→ Common Stock (231,328 underlying)
Other
2008 Convertible Note (right to buy)
2012-10-12(indirect: See Note (2))
Exercise: $0.25From: 2010-10-05Exp: 2012-10-12→ Common Stock (290,596 underlying)
Other
Series A Preferred Stock (right to buy)
2012-10-12+25,000→ 25,000 total(indirect: See Note (2))
From: 2012-10-12→ Series A2 Preferred Stock (25,000 underlying)
Other
2008 Convertible Note (right to buy)
2012-10-12(indirect: See Note (2))
Exercise: $0.25From: 2010-10-05Exp: 2012-10-12→ Common Stock (290,596 underlying)
Other
Warrants (right to buy)
2012-10-12+172,649→ 172,649 total(indirect: See Note (2))
Exercise: $0.25From: 2012-10-12Exp: 2019-10-11→ Common Stock (172,649 underlying)
Other
Warrants (right to buy)
2012-10-12+182,832→ 182,832 total(indirect: See Note (2))
Exercise: $0.25From: 2012-10-12Exp: 2019-10-11→ Common Stock (182,832 underlying)
Other
2009 Convertible Note (right to buy)
2012-10-12(indirect: See Note (2))
Exercise: $0.25From: 2010-10-05Exp: 2012-10-12→ Common Stock (231,328 underlying)
Other
2009 Convertible Note (right to buy)
2012-10-12(indirect: See Note (2))
Exercise: $0.25From: 2010-10-05Exp: 2012-10-12→ Common Stock (731,328 underlying)
Other
2008 Convertible Note (right to buy)
2012-10-12(indirect: See Note (2))
Exercise: $0.25From: 2010-10-05Exp: 2012-10-12→ Common Stock (690,596 underlying)

Footnotes (7)

[F1]A portion of the reporting person's 2008 Convertible Note was exchanged for a like amount of a 2008 Convertible Note held by a third party.
[F2]Owned by the David Marshall, Inc. Pension Plan Trust, of which the reporting person is sole trustee and beneficiary.
[F3]A portion of the reporting person's 2009 Convertible Note was exchanged for a like amount of a 2009 Convertible Note held by a third party.
[F4]Pursuant to an amendment to a loan agreement, the 2008 Convertible Note was exchanged with the issuer for a promissory note in the principal amount of $172,649 and a seven year warrant to purchase 172,649 shares of common stock at $.25 per share.
[F5]Pursuant to an amendment to a loan agreement, the 2009 Convertible Note was exchanged with the issuer for a promissory note in the principal amount of $182,832 and a seven year warrant to purchase 182,832 shares of common stock at $.25 per share.
[F6]The reporting person indirectly owns 25,000 shares of Series A Preferred Stock ("Series A"). Each share of Series A is convertible into 1.5 shares of common stock (previously reported on Form 4). On the transaction date, the issuer filed a Certificate of Determination to create a new series of preferred stock ("Series A2"). The Series A2 permits the holder of Series A to convert each share of Series A into one share of Series A2 at the holder's option.
[F7]Each share of Series A2 is convertible into 6.66 shares of Common Stock. There is no expiration date for the Series A or Series A2 conversion rights; the rights exist so long as the securities are outstanding.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

InterMetro Communications, Inc.

CIK 0001160142

→

Entity typeother

Related Parties

filerCIK 0001169758

Filing Metadata

Form type: 4
Filed: Oct 15, 8:00 PM ET
Accepted: Oct 16, 6:01 PM ET
Size: 25.5 KB

View on SEC.gov