ADVANCED MEDICAL ISOTOPE Corp 4
4 · ADVANCED MEDICAL ISOTOPE Corp · Filed Sep 11, 2015
Insider Transaction Report
Form 4
Cadwell Carlton M
Director10% Owner
Transactions
- Other
Series A Convertible Preferred Stock
2015-09-10+148,309→ 148,309 total(indirect: By Trust)Exercise: $0.01From: 2015-09-10→ Common Stock (148,309,000 underlying) - Other
Series A Convertible Preferred Stock
2015-09-10+207,620→ 207,620 totalExercise: $0.01From: 2015-09-10→ Common 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.