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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1045942	Securealert Inc.	SCRA	Communications Equipment, Nec (3669)	870543981

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1515604	Borinquen Container Corp	P.o. Box 4744 San Juan PR 00936		No	No	Yes	No
1517617	L Hector Gonzalez	P.o. Box 4744 San Juan PR 00936		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2013-03-01	147,500	$0.00	556,637	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series D Convertible Preferred Stock	Disposition	2013-03-01	3,900	$0.00	117,000	$0.00
Common Stock	Call Options (obligation to sell)	Disposition	2013-02-01	1	$0.00	524,572	$9.53
Common Stock	Call Options (obligation to sell)	Acquisiton	2013-02-28	1	$0.00	524,572	$9.53

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	J	Direct
1	2013-02-01	2013-02-28	No	4	J	Direct
0	2013-02-01	2013-02-28	No	4	E	Direct

Footnotes

The reporting person received 147,500 shares of common stock in exchange for 3,000 shares of Series D Convertible Preferred Stock in an issuer exchange offer.
Share numbers reflect 1-for-200 reverse common stock split subsequent to these transactions.
The total shares in Column 5 include 9,289 shares received since the reporting person's last filed Form 4 as dividend payment on Series D COnvertible Preferred Stock held by the reporting person.
The Series D Convertible Preferred Stock is convertible at any time at the holder's election and has no expiration date, with each share convertible into 30 shares of common stock.
On February 1, 2013, the reporting person entered into a Settlement Agreement and Royalty and Share Buy Back with the issuer and Sapinda Asia Limited pursuant to which among other things the reporting person granted Sapinda Asia Limited the right to purchase all of the reporting person's common stock and Series D Convertible Preferred Stock for $5,000,000 by February 28, 2013. The right to purchase was not exercised and expired on February 28, 2013.