FONEFRIEND INC 4
4 · FONEFRIEND INC · Filed Jul 28, 2003
Insider Transaction Report
Form 4
FONEFRIEND INCFFRD
RASMUSSEN GARY A
10% OwnerOther
Transactions
- Gift
COMMON STOCK
2003-06-12−320,000→ 1,372,500 total - Award
RIGHT TO BUY
2003-05-21$0.10/sh+350,000$35,000→ 350,000 totalExercise: $0.10From: 2003-05-21Exp: 2008-05-20→ COMMON STOCK (350,000 underlying)
Holdings
- 105,000(indirect: CUSTODIAN)
COMMON STOCK
- 428,625(indirect: LTD. PART.)
COMMON STOCK
Footnotes (2)
- [F1]All 428,625 shares reported above are held in the name Rochester Capital Partners, L.P., a Nevada Limited Partnership, of which Mr. Rasmussen's revocable living trust is the General Partner and has dispositive power over the shares. Mr. Rasmussen claims an indirect beneficial ownership in 85,725 shares held by the partnership, which is derived from his 20% ownership interest in the partnership. The balance of the partnership equity is owned by his former spouse and their minor children.
- [F2]These shares are held in the name of Gary A Rasmussen as custodian for the benefit of his minor children, under the Uniform Gift to Minors Act of Michigan. There are three separate certificates for three children and Mr. Rasmussen has dispositive power over all of these shares.