Wilson James P 4
4 · JK Acquisition Corp. · Filed Jan 5, 2009
Insider Transaction Report
Form 4
JK Acquisition Corp.JKAK.OB
Wilson James P
DirectorCEO & Chm.10% Owner
Transactions
- Award
Convertible Promissory Note
2008-07-21+0→ 63,812.513 totalExercise: $0.01From: 2008-07-21Exp: 2018-07-21→ Common Stock (63,812.513 underlying) - Award
Warrants to Purchase
2006-04-10$15.00/sh+0$0→ 63,934,736 totalExercise: $0.01Exp: 2010-04-10→ Common Stock (122,223 underlying) - Sale
Common Stock
2008-12-31$0.00/sh−61,111$98→ 532,599 total
Footnotes (3)
- [F1]These entries are for beneficial ownership only.
- [F2]The convertible promissory note was issued to represent already outstanding indebtedness in the amount of $510,500. No additional consideration was given for this note.
- [F3]Each warrant is exercisable on the later of (i) the completion of the Company's initial business combination or (ii) April 10, 2007.