POSITIVEID Corp 4
4 · POSITIVEID Corp · Filed Oct 2, 2013
Insider Transaction Report
Form 4
POSITIVEID CorpPSID
COBB JEFFREY S
Director
Transactions
- Award
Series I Convertible Preferred Stock
2013-09-30$1000.00/sh+38$38,000→ 38 totalExercise: $0.04From: 2016-01-01→ Common Stock (1,055,556 underlying)
Footnotes (3)
- [F1]On September 30, 2013, pursuant to a liability reduction plan, PositiveID Corporation issued Mr. Cobb 38 shares of Series I Convertible Preferred Stock ("Series I").The Series I has a stated value of $1,000 per share and is convertible into shares of common stock, par value $0.01, at $0.036 per share.
- [F2]The shares of Series I granted to Mr. Cobb will vest on January 1, 2016.
- [F3]No expiration date.