INNOVATIVE MICRO TECHNOLOGY INC 3
3 · INNOVATIVE MICRO TECHNOLOGY INC · Filed Feb 18, 2005
Insider Transaction Report
Form 3
Miramar Venture Partners, LP
10% Owner
Holdings
Warrant to Purchase Common Stock
Exercise: $0.30From: 2006-03-15Exp: 2008-01-23→ Common Stock (88,235 underlying)- 176,471
Series A Redeemable Preferred Stock
Series A-1 Convertible Preferred Stock
→ Common Stock (1,000,008 underlying)
Footnotes (4)
- [F1]These securities are held by Miramar Venture Partners, L.P. Miramar Venture Associates, LLC is the general partner of Miramar Venture Partners, L.P. and disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
- [F2]Each share of Series A-1 Convertible Preferred Stock is convertible into 5.6667 shares of Common Stock.
- [F3]Shares of Series A-1 Convertible Preferred Stock are immediately convertible into Common Stock and such conversion right does not have an expiration date.
- [F4]The number of shares of Common Stock issuable upon exercise of the Warrant may be adjusted downward (potentially canceling the Warrant) according to a formula based upon the Issuer's economic performance during the 2005 calendar year.