INTERNATIONAL BARRIER TECHNOLOGY INC 4
4 · INTERNATIONAL BARRIER TECHNOLOGY INC · Filed Jan 24, 2017
Insider Transaction Report
Form 4
Corcoran David J
DirectorCFO
Transactions
- Exercise/Conversion
Common Shares
2017-01-20$0.10/sh+1,300,000$130,000→ 3,054,287 total(indirect: Corcoran Enterprises, Inc.) - Award
Warrant
2017-01-20$0.10/sh+1,300,000$130,000→ 1,300,000 total(indirect: Corcoran Enterprises, Inc.)Exercise: $0.10From: 2017-01-20Exp: 2019-01-20→ Common Stock (1,300,000 underlying)
Footnotes (2)
- [F1]Conversion of $130,000 convertible debenture agreement into 1,300,000 common shares at $0.10 each.
- [F2]Grant of 1,300,000 warrants for a common share purchase at $0.10 per share as a result of conversion of convertible debenture agreement.