JOVE CORP 4
4 · JOVE CORP · Filed Mar 17, 2010
Insider Transaction Report
Form 4
JOVE CORPJVCP
CLARE FAMILY TRUST
10% Owner
Transactions
- Purchase
Common stock $1.00 par value
2010-03-15$0.16/sh+2,941,130$458,816→ 2,941,130 total
Holdings
- 2,601,885(indirect: By LLC)
Common stock $1.00 par value
Footnotes (2)
- [F1]Shares acquired via debt to equity exchange. Price per share on 1,112,750 shares set by contractual formula established in 2004. at $.33 per share, with the remainder at negotiated price of $.051 per share.
- [F2]The reporting person owns a 11.78% Membership interest which owns a total of 2,601,885 shares of Common Stock of the issuer. Reporting Person disclaims beneficial ownership of all shares of Common Stock held by LYRE except to the extent that his,her, or its individual interest in such shares arises from his, her, or its respective interest in LYRE.