Morawetz Peter L. 4
4 · BioDrain Medical, Inc. · Filed Jan 12, 2011
Insider Transaction Report
Form 4
Morawetz Peter L.
Director
Transactions
- Award
Common stock
2010-11-16+75,000→ 186,245 total - Conversion
Convertible note
2009-10-31→ 0 totalExercise: $0.35From: 2009-10-31Exp: 2009-10-31→ Common stock (3,506 underlying) - Conversion
Common stock
2009-10-31$0.35/sh+3,506$1,227→ 111,245 total
Footnotes (1)
- [F1]This stock award vests 100% upon the earlier of a change in control, average 30 day trading volume of 50,000 shares, or 6 consecutive quarters of not less than $150,000 in net income recognized by the issuer. If none of these events occur within 10 years of the grant date, then the stock is forfeited.