SEA BREEZE POWER CORP 4
4 · SEA BREEZE POWER CORP · Filed May 10, 2007
Insider Transaction Report
Form 4
Puryear Kenneth Lavergne
DirectorOther
Transactions
- Purchase
12% Convertible Debenture
2007-04-30$0.34/shExercise: $0.34From: 2007-03-09Exp: 2012-03-09→ Common Stock
Footnotes (1)
- [F1]The Conversion Price shall be $0.34 per Unit for the first two years, increasing by 10% per Unit in the third to fifth years, such that the Conversion Prices will be: a) $0.34 per unit from March 9, 2007 to March 9, 2009 b) $0.37 per unit from March 10, 2009 to March 9, 2010 c) $0.41 per unit from March 10, 2010 to March 9, 2011 d) $0.45 per unit from March 10, 2011 to March 9, 2012