Atrinsic, Inc. 4
4 · Atrinsic, Inc. · Filed May 10, 2016
Insider Transaction Report
Form 4
Atrinsic, Inc.ATRN
Arrow Alexander K.
Chief Financial Officer
Transactions
- Purchase
Series B Preferred Stock
2016-04-15$1.25/sh+18,260$22,825→ 118,260 total(indirect: By IRA)Exercise: $1.25→ Common Stock (18,260 underlying) - Purchase
Series B Preferred Stock
2016-04-15$1.25/sh+40,000$50,000→ 100,000 totalExercise: $1.25→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]It is anticipated that Series B Preferred stock will be exchanged for Common Stock on a 1-for-1 basis following the June 17, 2016 Special Shareholder meeting.
- [F2]Series B Preferred stock does not have an expiration date, but it is anticipated that it will be exchanged for Common Stock on a 1-for-1 basis following the June 17, 2016 Special Shareholder meeting.