PRATT ERIC 4
4 · AVATECH SOLUTIONS INC · Filed Nov 21, 2003
Insider Transaction Report
Form 4
AVATECH SOLUTIONS INCAVSO.ob
PRATT ERIC
Director
Transactions
- Purchase
Series D Convertible Preferred Stock
2003-11-19+41,666→ 41,666 totalFrom: 2004-03-18→ Common Stock (83,333 underlying) - Purchase
Warrant
2003-11-19+55,555→ 55,555 totalExercise: $0.45From: 2003-11-19Exp: 2004-11-19→ Common Stock (55,555 underlying)
Footnotes (3)
- [F1]2 for 1
- [F2]Series D Convertible Preferred Stock may be converted by the holder at any time after March 18, 2003 and will automatically convert or be redeemed upon the happening of certain events. There is no automatic or mandatory conversion or redemption on a fixed date.
- [F3]Each share of Series D Convertible Preferred Stock is purchased for $0.60. Each share is convertible into two shares of Common Stock and is accompanied by a warrant to purchase 1 1/3 shares of common stock for $0.45.