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TERAFORCE TECHNOLOGY CORP·4

Aug 29, 3:08 PM ET

TERAFORCE TECHNOLOGY CORP 4

4 · TERAFORCE TECHNOLOGY CORP · Filed Aug 29, 2003

Insider Transaction Report

Form 4
Period: 2003-08-27
TERAFORCE TECHNOLOGY CORPTERA
LIECHTENSTEIN ANTON
Director
Transactions
  • Purchase

    12% Convertible Subordinated Note Due June 2005

    2003-08-27$0.16/sh→ 1,250,000 total
    Exercise: $0.16From: 2003-08-27Exp: 2005-06-30→ Common Stock, par value $0.01 (1,250,000 underlying)
  • Purchase

    Warrant for purchase of common stock

    2003-08-27$0.16/sh+125,000$20,000→ 125,000 total
    Exercise: $0.16From: 2003-08-27Exp: 2007-08-25→ Common Stock, par value $0.01 (125,000 underlying)
Footnotes (1)
  • [F1]In exchange for $200,000 cash, the Company issued a $200,000 principal amount 12% Convertible Subordinated Note Due June 2005 and a warrant to purchase 125,000 shares of the Company's common stock. The note may be converted into 1,250,000 shares of the Company's common stock (a rate of $0.16 per share) at the option of the holder. The warrant has an exercise price of $0.16 and is exercisable at any time throught August 25, 2007.

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT