Filing Details

Accession Number:
0000099106-11-000015
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-21 17:17:40
Reporting Period:
2011-11-14
Filing Date:
2011-11-21
Accepted Time:
2011-11-21 17:17:40
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
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
  1. Purchase Price of $50,000 for 2,500 shares of Series A Convertible Preferred Stock and 25,000 one-year "A" Warrants.
  2. 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).
  3. 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.
  4. 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.