IRELAND INC. 4
4 · IRELAND INC. · Filed Apr 14, 2015
Insider Transaction Report
Form 4
IRELAND INC.IRLD
KLEIN STEVEN ADAM
Director
Transactions
- Purchase
2015 Special Warrants (Right to Buy)
2015-04-10$0.20/sh+100,000$20,000→ 100,000 totalFrom: 2015-04-10Exp: 2016-02-28→ Units (100,000 underlying)
Footnotes (3)
- [F1]2015 Special Warrants are convertible into Units at no extra cost on a 1:1 basis. Alternately, if the Issuer completes a Subsequent Equity Offering, holders may convert into shares of common stock or Common Stock Equivalents pro rata to the purchase price of the Subsequent Equity Offering (terms as defined in the 2015 Special Warrants).
- [F2]2015 Special Warrants expire on the earlier of February 28, 2016 and one month after a Qualified Financing (as defined in the 2015 Special Warrants).
- [F3]Each Unit consists of one share of common stock and one share purchase warrant exercisable at $0.40 per share, expiring February 28, 2020.