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5//SEC Filing

VENTERS GORDON SCOTT 5

Accession 0001275276-04-000001

CIK 0001109067other
View on SEC.govCompany Profile

Filed

Jan 13, 7:00 PM ET

Accepted

Jan 14, 5:14 PM ET

Size

19.8 KB

Accession

0001275276-04-000001

Insider Transaction Report

Form 5
Period: 2003-10-31
MAGIC MEDIA NETWORKS INCMGCN
VENTERS GORDON SCOTT
DirectorPresident & CEO
Transactions
  • Award

    Common Stock

    2002-05-24$0.04/sh+50,000$1,750→ 152,724 total
  • Award

    Series A Preferred Stock

    2001-09-23$0.07/sh+3,076,923$200,000→ 5,576,923 total
    → Common Stock (307,693 underlying)
  • Award

    Series B Preferred Stock

    2002-07-15$0.06/sh+1,250,000$75,000→ 3,750,000 total
    → Common Stock (1,250,000 underlying)
  • Award

    Common Stock

    2003-07-10$0.03/sh+50,000$1,250→ 152,724 total
  • Other

    Common Stock

    2000-09-05+52,724→ 152,724 total
  • Award

    Series A Preferred Stock

    2001-10-01$0.02/sh+2,500,000$50,000→ 5,576,923 total
    → Common Stock (250,000 underlying)
  • Award

    Series B Preferred Stock

    2003-10-29$0.02/sh+2,500,000$50,000→ 3,750,000 total
    → Common Stock (2,500,000 underlying)
Footnotes (16)
  • [F1]Adjusted retroactively for 1-for-10 reverse split effective 10/12/01
  • [F10]At approximate market value at date of issuance. The issue price has not been adjusted for 1-for-10 reverse split as number of shares of Series A Preferred Stock remained unchanged whereas number of shares into which convertible reduced from 1-for-1 to one-tenth share of Common Stock for each share of Series A Preferred Stock.
  • [F11]In payment of $200,000 accrued officer's salary.
  • [F12]In payment of $50,000 accrued officer's salary
  • [F13]Each share of Series B Preferred Stock is convertible into one share of Common Stock
  • [F14]In payment of $75,000 accrued officer's salary
  • [F15]Approximate market value of common stock at date of issuance
  • [F16]In payment of $75,000 accrued officer's salary
  • [F2]Shares owned on 9/5/00 effective date of Section 12 registration.
  • [F3]3
  • [F4]Approximate market value at time of issuance for total of $1,750.
  • [F5]For services as director
  • [F6]Approximate market value at time of issuance for total of $1,250
  • [F7]Each share of Series A Preferred Stock is convertible into one-tenth share of Common Stock
  • [F8]Exercisable at any time after issuance
  • [F9]There is no expiration date for conversion feature

Documents

1 file

Issuer

MAGIC MEDIA NETWORKS INC

CIK 0001109067

→
Entity typeother

Related Parties

1
  • filerCIK 0001275276

Filing Metadata

Form type
5
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 5:14 PM ET
Size
19.8 KB
View on SEC.gov