BLUE CALYPSO, INC. 4
4 · BLUE CALYPSO, INC. · Filed Jan 16, 2015
Insider Transaction Report
Form 4
OGLE WILLIAM C.
DirectorCEO and Chairman of the Board
Transactions
- Purchase
10% Convertible Debenture Due 2014
2014-11-10+375,000→ 625,000 totalExercise: $0.08From: 2014-11-10Exp: 2014-12-31→ Common Stock (375,000 underlying) - Purchase
Common Stock
2014-12-30+27,500→ 27,500 total - Conversion
Common Stock
2014-12-30$0.08/sh+625,000$50,000→ 625,000 total
Footnotes (2)
- [F1]During December, 2014, the reporting person entered into an exchange agreement with the Issuer pursuant to which the reporting person exchanged its unit containing a 10% Debenture in the principal amount of $50,000 due December 31, 2014 and 12,500 shares of the Issuer's common stock for a 10% debenture in the principal amount of $50,000 due December 31, 2015 and 40,000 shares of the Issuer's common stock.
- [F2]On November 10, 2014, the 10% Debenture was amended in order to extend the maturity date to December 31, 2014 and to reduce the conversion price to $0.08 per share.