TORVEC INC 4
4 · TORVEC INC · Filed Feb 22, 2016
Insider Transaction Report
Form 4
TORVEC INCTOVC
Labus Thomas J
Director
Transactions
- Purchase
Series C-3 Voting Convertible Preferred Stock
2016-02-10$0.25/sh+100,000$25,000→ 100,000 total(indirect: By Trust)Exercise: $0.25→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]The Series C-3 Voting Convertible Preferred Stock is convertible into common stock at any time on a one-for-one basis at the initial conversion price of $.25 per share and has no expiration date.
- [F2]By the Thomas and Mary Labus Revocable Trust