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ADVANCED MEDICAL ISOTOPE Corp 4

Accession 0001415889-15-003032

$RDGLCIK 0001449349operating

Filed

Sep 10, 8:00 PM ET

Accepted

Sep 11, 6:00 AM ET

Size

8.7 KB

Accession

0001415889-15-003032

Insider Transaction Report

Form 4
Period: 2015-09-10
Cadwell Carlton M
Director10% Owner
Transactions
  • Other

    Series A Convertible Preferred Stock

    2015-09-10+148,309148,309 total(indirect: By Trust)
    Exercise: $0.01From: 2015-09-10Common Stock (148,309,000 underlying)
  • Other

    Series A Convertible Preferred Stock

    2015-09-10+207,620207,620 total
    Exercise: $0.01From: 2015-09-10Common Stock (207,620,000 underlying)
Footnotes (5)
  • [F1]In consideration for 207,620 shares of Series A Convertible Preferred Stock ("Series A Preferred"), the Reporting Person exchanged certain promissory notes with an outstanding balance of $3,114,303.7, which amount includes all principal and accrued but unpaid interest thereon.
  • [F2]The Series A Preferred has no expiration date.
  • [F3]Each share of Series A Preferred is convertible into that number of shares of the Issuer's common stock equal to the stated value thereof, divided by $0.005. The current stated value of the Series A Preferred is $5.00 per share.
  • [F4]In consideration for 148,309 shares of Series A Convertible Preferred Stock ("Series A Preferred"), the Cadwell Dynasty Trust exchanged certain promissory notes with an outstanding balance of $2,224,637.37, which amount includes all principal and accrued but unpaid interest thereon.
  • [F5]In total, the Reporting Person exchanged promissory notes in the aggregate amount of $5,338,941.08, including all principal and accrued but unpaid interest, for 355,929 shares of Series A Preferred on the transaction date.

Issuer

ADVANCED MEDICAL ISOTOPE Corp

CIK 0001449349

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001449349

Filing Metadata

Form type
4
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 6:00 AM ET
Size
8.7 KB