AtheroNova Inc. 4
4 · AtheroNova Inc. · Filed Jan 14, 2014
Insider Transaction Report
Form 4
AtheroNova Inc.AHRO
KNOLL FRED
10% Owner
Transactions
- Purchase
Common Stock Purchase Warrant
2014-01-13+1→ 1 total(indirect: By Europa International, Inc.)Exercise: $0.23From: 2014-01-13Exp: 2024-01-12→ Common Stock (652,174 underlying) - Purchase
6% Senior Subordinated Convertible Note
2014-01-13+1→ 1 total(indirect: By Europa International, Inc.)Exercise: $0.23From: 2014-01-13Exp: 2017-01-12→ Common Stock (1,304,348 underlying)
Footnotes (1)
- [F1]Europa International, Inc. purchased the note and warrant for aggregate consideration of $300,000 from the Registrant. The note has a conversion price equal to the lesser of $0.23 and 70% of the average of the three (3) lowest daily volume weighted average prices occurring during the 20 consecutive trading days immediately preceding the applicable conversion date. Conversion of the note and exercise of the warrant are subject to a beneficial ownership cap of 4.99%. The reporting person, the principal partner and President of Knoll Capital Management, L.P., the investment manager for Europa International, Inc., exercises voting and dispositive power over the shares held by Europa International, Inc. but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.