Egan Richard D. 4
4 · Islet Sciences, Inc · Filed Jun 25, 2012
Insider Transaction Report
Form 4
Transactions
- Award
Common stock
2012-04-05+50,000→ 100,000 total - Award
Common stock
2012-04-05+150,000→ 250,000 total - Conversion
Common stock
2012-02-23+50,000→ 50,000 total
Footnotes (3)
- [F1]Automatic conversion of shares of Series B Preferred Stock into common stock for no additional consideration upon effectiveness of a 1-for-45 reverse stock split of the registrant's common stock.
- [F2]Stock grant for compensatory purpose pursuant to Rule 16b-3(d).
- [F3]Includes stock grant of 150,000 shares of common stock for compensatory purpose pursuant to Rule 16b-3(d), which shares are subject to forfeiture if the reporting person's engagement by the registrant is terminated before January 31, 2013.