KELLY MICHAEL P 4
4 · FALCONSTOR SOFTWARE INC · Filed Jan 14, 2019
Insider Transaction Report
Form 4
KELLY MICHAEL P
Director
Transactions
- Exercise of In-Money
Common Stock
2018-12-27$0.00/sh+763,915$764→ 763,915 total - Exercise of In-Money
Warrants
2018-12-27−763,915→ 0 totalExercise: $0.00Exp: 2028-02-23→ Common Stock (763,915 underlying)
Footnotes (1)
- [F1]The warrants reported herein were issued by the Issuer to the Reporting Person in connection with its purchase of 62,447 units in a private placement which closed in October 2018. The warrants are exercisable at any time prior to the expiration date.