SEC Form 4 · accession 0001225208-15-008331
RADNOSTIX INC · INIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph M Richart
Director · 10% Owner
Period of report
Feb 20, 2015
Accepted (ET)
Mar 20, 2015 · 4:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001038277
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 20, 2015 | C | 9,075,000 | $0.04 | A | 73,014,289 | D | |
| Common Stock | holding | — | — | — | 1,374,866 | I | By Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Debentures due 2015F1 | $0.04 | Feb 20, 2015 | C | 2,142,858 | D | Feb 20, 2013 | Feb 20, 2015 | Common Stock | 2,142,858 | 0 | D |
Explanation of responses
- F1Pursuant to the terms of the convertible debentures, on February 20, 2015, the convertible debentures matured, and the outstanding principal amount and all accrued but unpaid interest of the convertible debentures held by the reporting person were converted into an aggregate of 9,075,000 shares of the issuer's common stock. The conversion price for the convertible debentures is the lesser of $0.14 per share and the average closing price of the issuer's common stock for the 120 consecutive trading days up to, but not including, the maturity date of the convertible debentures; accordingly, the conversion price for the convertible debentures was $0.04 per share.