4//SEC Filing
Mar-Chaim Gai 4
Accession 0000721748-13-000114
CIK 0001321502other
Filed
May 12, 8:00 PM ET
Accepted
May 13, 3:25 PM ET
Size
7.7 KB
Accession
0000721748-13-000114
Insider Transaction Report
Form 4
ANDAIN, INC.ANDNE
Mar-Chaim Gai
DirectorSecretary/Treasurer
Transactions
- Disposition to Issuer
Common Stock
2012-01-01$0.00/sh−2,720,000$2,720 - Purchase
Common Stock
2012-09-20$0.00/sh+18,000,000$18,000
Footnotes (4)
- [F1]Mr. Mar-Chaim returned to the Company?s treasury effective on January 1, 2012 2,720,000 shares of common stock from the because of a reclassification of the value of the 4,000,000 shares of common stock issued by the Company under a Regulation S Stock Purchase Agreement between Mr. Mar-Chaim and the Company, dated January 5, 2011
- [F2]On July 29, 2012, the Company entered into a Regulation S Stock Purchase Agreement with Gai Mar-Chaim, the Company?s secretary/treasurer and a director. Under this agreement, Mr. Mar-Chaim purchased from the Company 18,000,000 restricted shares of common stock at $0.001 per share, for a total consideration of $18,000. These shares were actually issued on September 20, 2012
- [F3]In computing the number of shares beneficially owned by this stockholder, shares of common stock subject to options or convertible or exchangeable into such shares of common stock held by that person that are currently exercisable, or exercisable within 60 days, are included. Therefore, 660,000 of the total consists of shares of common stock underlying the vested and exercisable (as of January 1, 2013) portion of a stock option for 990,000 shares of common stock granted by the Company in exchange for services rendered to the Company.
- [F4]50,000 shares of common stock are owned indirectly by Mr. Mar-Chaim in accordance with Rule 13d-3 under the1934 Act (they are held by members of Mr. Mar-Chaim?s household).
Documents
Issuer
ANDAIN, INC.
CIK 0001321502
Entity typeother
Related Parties
1- filerCIK 0001328245
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 3:25 PM ET
- Size
- 7.7 KB