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4//SEC Filing

Hakim Nasrat A 4

Accession 0001583742-20-000002

CIK 0001053369other

Filed

Aug 25, 8:00 PM ET

Accepted

Aug 26, 1:29 PM ET

Size

7.9 KB

Accession

0001583742-20-000002

Insider Transaction Report

Form 4
Period: 2020-08-24
Hakim Nasrat A
DirectorPresident & CEO
Transactions
  • Conversion

    Series J Convertible Preferred Shares

    2020-08-2424.0340 total
    Common Stock (158,017,321 underlying)
  • Conversion

    Common Stock

    2020-08-24+158,017,321167,114,882 total
Holdings
  • Common Stock

    (indirect: By IRA)
    2,700,000
Footnotes (3)
  • [F1]The preferred shares are convertible into shares of common stock at a rate of 6,576,878.18 shares of common stock for each whole share of preferred stock, effectively $0.1521 per share of common stock.
  • [F2]Shareholder Approval was obtained on June 23, 2020 for an increase in the number of authorized shares of common stock to permit full conversion of the preferred stock.
  • [F3]None

Issuer

ELITE PHARMACEUTICALS INC /NV/

CIK 0001053369

Entity typeother

Related Parties

1
  • filerCIK 0001583742

Filing Metadata

Form type
4
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 1:29 PM ET
Size
7.9 KB