4//SEC Filing
MCCORMACK JOHN M 4
Accession 0001225208-11-020833
CIK 0001038277other
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 6:58 PM ET
Size
11.0 KB
Accession
0001225208-11-020833
Insider Transaction Report
Form 4
MCCORMACK JOHN M
10% Owner
Transactions
- Conversion
6% Convertible Debentures due 2011
2011-08-24−3,091,668→ 0 total(indirect: By Trust)Exercise: $0.19From: 2010-02-24Exp: 2011-08-24→ Common Stock (3,091,668 underlying) - Other
Class H Warrants (RIght to Buy)
2011-08-24+1,545,834→ 1,545,834 total(indirect: By Trust)Exercise: $0.22From: 2011-08-24Exp: 2015-08-24→ Common Stock (1,545,834 underlying) - Conversion
Common Stock
2011-08-24$0.19/sh+3,091,668$587,417→ 3,791,668 total(indirect: By Trust)
Holdings
- 22,865,273(indirect: By Children)
Common Stock
- 31,214,808
Common Stock
Footnotes (2)
- [F1]The 6% Convertible Debentures due 2011 with an aggregate principal amount of $525,000 purchased on February 24, 2010, pursuant to their terms, automatically converted into shares of common stock on August 24, 2011, and upon such automatic conversion the original conversion price of $0.35 per share automatically adjusted to $0.19 per share, calculated based on the lesser of $0.35 and the average closing price for the common stock for the 120 consecutive trading days up to, but not including, the maturity date, which resulted in their conversion into 3,091,668 shares of common stock, instead of the 1,500,000 shares of common stock into which they would have converted prior to such conversion price adjustment.
- [F2]The warrants were acquired automatically upon the automatic conversion of the 6% Convertible Debentures due 2011, pursuant to their terms.
Documents
Issuer
INTERNATIONAL ISOTOPES INC
CIK 0001038277
Entity typeother
Related Parties
1- filerCIK 0001332828
Filing Metadata
- Form type
- 4
- Filed
- Aug 25, 8:00 PM ET
- Accepted
- Aug 26, 6:58 PM ET
- Size
- 11.0 KB