4//SEC Filing
VERITEQ 4
Accession 0001437749-14-019525
CIK 0000924642operating
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 6:08 PM ET
Size
6.2 KB
Accession
0001437749-14-019525
Insider Transaction Report
Form 4
VERITEQVTEQ
SILVERMAN SCOTT R
DirectorChief Executive Officer10% Owner
Transactions
- Award
Series D Convertible Preferred Stock
2014-10-31+1,400→ 1,400 totalFrom: 2017-01-02→ Common Stock (451,612,903 underlying)
Footnotes (3)
- [F1]The Reporting Person's Series D Convertible Preferred Stock does not have an expiration date. If the reporting person separates from the Company because of a termination for cause or by resigning without good reason, as defined under the terms of his employment agreement, then he shall forfeit the shares of Series D Preferred Stock. The Series D Preferred Stock will automatically vest upon a change of control event.
- [F2]The Series D Convertible Preferred Stock will be convertible at a conversion price per share equal to the lesser of the average closing price of the five trading days prior to the date of conversion or $0.0031, which was the closing price of the Company's common stock on October 31, 2014.
- [F3]The Series D Convertible Preferred Stock was acquired pursuant to the terms of an agreement dated October 31, 2014, between the Issuer and the reporting person in satisfaction of $1,400,000 owed to the Reporting Person by the issuer.
Documents
Issuer
VERITEQ
CIK 0000924642
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000924642
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 6:08 PM ET
- Size
- 6.2 KB