Entia Biosciences, Inc. 4
4 · Entia Biosciences, Inc. · Filed Dec 19, 2013
Insider Transaction Report
Form 4
SOBOL PHILIP A
Director
Transactions
- Purchase
Promissory Note
2013-12-17$0.65/sh+1$1→ 1 totalExercise: $0.65From: 2013-12-17Exp: 2014-03-30→ Common Stock - Purchase
Common Stock Purchase Warrant
2013-12-17$0.65/sh+20,000$13,000→ 20,000 totalExercise: $0.65From: 2014-03-30Exp: 2021-03-30→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]These warrants were issued to Dr. Sobol in conjunction with a promissory note and the warrants vest on March 30, 2014, the maturity date of the note.
- [F2]The note can be accelerated if there is full payment of an account receivable of Entia Biosciences. In that case the note will be repaid prior to March 30, 2014 and will not be converted if repaid.