Friedman Michael Jordan 4
4 · Fresh Harvest Products, Inc. · Filed Mar 8, 2011
Insider Transaction Report
Form 4
Friedman Michael Jordan
DirectorPresident and CEO
Transactions
- Purchase
Series A Convertible Preferred Stock
2011-03-04+368,244→ 368,244 total→ Common Stock (36,824,400 underlying)
Footnotes (3)
- [F1]Subject to the happening of certain events, upon and after the amendment of the Certificate of Incorporate of Fresh Harvest Products, Inc. (the "Company") to increase the number of authorized shares of the Company's common stock to a number in excess of 200,000,000, each share of the Series A Convertible Preferred Stock would be convertible into 100 shares of the Company's common stock. The Company intends to seek shareholder ratification of the Company's Certificate of Designations of Series A Convertible Preferred Stock.
- [F2]The Series A Convertible Preferred Strock has no expiration date.
- [F3]100,000 shares of Series A Convertible Preferred Stock were issued as a fee for service on the Company's Board of Directors and 268,244 shares of Series A Convertible Preferred Stock were issued upon the conversion of an aggregate of $228,008 of accrued but unpaid compensation.