KOHN AMOS 4
4 · DIGITAL POWER CORP · Filed Dec 13, 2017
Insider Transaction Report
Form 4
KOHN AMOS
DirectorPresident and CEO
Transactions
- Other
Warrants
2017-06-19$1.00/sh+86,667$86,667→ 1,404,127 totalExercise: $1.00From: 2017-06-19Exp: 2022-06-19→ Common Stock (86,667 underlying) - Other
Series C Preferred Stock
2017-06-19$2.40/sh+21,666$51,998→ 21,666 totalExercise: $0.60From: 2017-06-19→ Common Stock (86,664 underlying)
Footnotes (2)
- [F1]Each share of Series C Preferred Stock is convertible into four shares of common stock at the option of the holder thereof, or upon mandatorily upon other certain conditions being met, subject to adjustment. Each share of Series C Preferred Stock is subject to redemption at the Company's option beginning on the fifth anniversary. There is no expiration date.
- [F2]Each Warrant has the right to purchase one share of common stock at $1.00 per share.