Home > Insider Trading > Filing (0000099106-11-000015)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
99106	Trans Lux Corp	TNLX	Miscellaneous Manufacturing Industries (3990)	131394750

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1089801	W George Schiele	19 Hill Road Greenwich CT 06830		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Series A Convertible Preferred Stock	Acquisiton	2011-11-14	2,500	$50,000.00	2,500	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	A Warrants	Acquisiton	2011-11-14	25,000	$0.00	25,000	$1.00
Common Stock	B Warrants	Acquisiton	2011-11-14	25,000	$0.00	25,000	$1.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
25,500	2011-11-14	2011-11-13	No	4	P	Direct
50,500		2014-11-13	No	4	P	Direct

Footnotes

Purchase Price of $50,000 for 2,500 shares of Series A Convertible Preferred Stock and 25,000 one-year "A" Warrants.
Each "A" Warrant entitles the holder to purchase one share of Common Stock and a three-year "B" Warrant at an exercise price of $1.00 per share, subject to adjustment to $0.20 per share at such time as the Certificate of Incorporation of the Company is amended to reduce the par value of the Common Stock to an amount equal to or less than $0.10).
Each "B" Warrant entiles the holder to purchase one share of Common Stock at and exercise price of $1.00 per share, subject to adjustment to $0.50 per share at such time as the Certificate of Incorporation of the Company is amended to reduce the par value of the Common Stock to an amount equal to or less thatn $0.10.
The "B" Warrant is excercisable upon the holder's exercise of the "A" Warrant, pursuant to which the "B" Warrant is issued, and exerciseable for three years from date of transaction.