4//SEC Filing
SPHERIX INC 4
Accession 0001415889-13-001573
$DOMHCIK 0000012239operating
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 5:22 PM ET
Size
7.7 KB
Accession
0001415889-13-001573
Insider Transaction Report
Form 4
SPHERIX INCSPEX
Kesner Harvey J
Director
Transactions
- Exercise of In-Money
Warrant
2013-08-07−9,391→ 0 total(indirect: See Explanatory Note)Exercise: $6.53From: 2012-11-15Exp: 2017-11-07→ Common Stock (9,391 underlying) - Exercise of In-Money
Common Stock
2013-08-07+6,711→ 27,115 total(indirect: See Explanatory Note)
Footnotes (2)
- [F1]The shares of Common Stock were received as a result of the exercise of a warrant to purchase 9,391 shares of Common Stock on a "cashless" basis. The warrant had an exercise price of $6.53 and the "cashless" exercise was calculated using the volume weighted average price of the Common Stock on August 6, 2013 of $22.88.
- [F2]Includes (i) 16,102 shares of common stock and (ii) 10,000 shares of restricted common stock held by Paradox Capital Partners LLC ("Paradox"). Includes options to purchase 1,013 shares of common stock exercisable within 60 days held by Mr. Kesner. Mr. Kesner is the sole manager and member of Paradox and in such capacity has voting and dispositive power over shares held by Paradox.
Documents
Issuer
SPHERIX INC
CIK 0000012239
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000012239
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 5:22 PM ET
- Size
- 7.7 KB