VIRTUAL PIGGY, INC. 4
4 · VIRTUAL PIGGY, INC. · Filed Oct 31, 2014
Insider Transaction Report
Form 4
McDaniel George O III
Director
Transactions
- Purchase
Warrants (Right to Buy)
2014-10-30+555,500→ 555,500 totalExercise: $1.00From: 2014-10-30Exp: 2016-10-30→ Common Stock (555,500 underlying) - Purchase
Series B Cumulative Convertible Preferred Stock
2014-10-30$90.00/sh+5,555$499,950→ 5,555 totalExercise: $0.90→ Common Stock (555,500 underlying)
Footnotes (2)
- [F1]The Series B Cumulative Convertible Preferred Stock is convertible at any time, at the holder's election, and has no expiration date.
- [F2]Each share of Series B Cumulative Convertible Preferred Stock may be converted into 100 shares of Common Stock at a deemed exercise price of $0.90 per share subject to certain anti-dilution adjustments.