Filing Details
- Accession Number:
- 0000099106-11-000016
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-11-21 17:53:23
- Reporting Period:
- 2011-11-14
- Filing Date:
- 2011-11-21
- Accepted Time:
- 2011-11-21 17:53:23
- SEC Url:
- Form 4 Filing
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 |
---|---|---|---|---|---|---|---|
929743 | J Salvatore Zizza | 810 Seventh Ave 27Th Floor New York NY 10019 | 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 Warrant | 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 | 2012-11-13 | 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 entitles the holder to purchase one share of Common Stock at an 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 than $0.10.
- The "B" Warrant is exercisable upon the holder's exercise of the "A" Warrant, pursuant to which the "B" Warrant is issued, and exercisable for three years from date of transaction.