DATARAM CORP 4
4 · DATARAM CORP · Filed Aug 21, 2015
Insider Transaction Report
Form 4
DATARAM CORPDRAM
LOUGEE ANTHONY
Controller
Transactions
- Award
Option
2014-08-12+27,000→ 29,000 totalExercise: $1.50Exp: 2020-08-12→ Common Stock (27,000 underlying) - Award
Common Stock, $1.00 par value
2015-08-17+10,000→ 11,000 total - Award
Common Stock Warrants
2014-07-15$2.94/sh+3,000$8,820→ 3,000 totalExercise: $2.94→ Common Stock
Holdings
- 475(indirect: By 401(k))
Common Stock, $1.00 par value
Footnotes (2)
- [F1]Options were granted at an exercise price equal to the closing market price of the Company's common stock on the date of the grant, and are exercisable one third on the date of grant; one third on the first anniversary and one third on the second anniversary
- [F2]On July 15, 2014, the reporting person entered into a Subordinated Secured Convertible Bridge Note and Warrant Purchase Agreement (the "Agreement") governing the issuance of up to $750,000 aggregate principal amount of Subordinated Secured Convertible Bridge Notes (the "Notes") and Warrants. Pursuant to the terms of the Purchase Agreement, the reporting person purchased $7,500 of Notes and Warrants to purchase 9,000 shares of the Company's Common Stock at exercise prices between $2.94 and $3.50 per share. The Warrants are exercisable for a five (5) year period commencing on the six month anniversary from the date of issuance.