RICE DON K 4
4 · Ascend Acquisition Corp. · Filed Mar 5, 2010
Insider Transaction Report
Form 4
RICE DON K
DirectorChairman, CEO, President10% Owner
Transactions
- Purchase
Common Stock
2010-01-11$0.05/sh+55,750$2,788→ 177,979 total - Purchase
Common Stock
2010-01-12$0.05/sh+40,000$2,000→ 217,979 total - Award
Convertible Promissory Note
2009-08-07+1,000,000→ 5,875,000 totalExercise: $0.05From: 2009-08-07→ Common stock (1,000,000 underlying)
Footnotes (3)
- [F1]This entry is only for beneficial ownership disclosure.
- [F2]No expiration.
- [F3]The convertible promissory note was issued to represent already outstanding indebtedness in the amount of $50,000; no additional consideration was given for the note.