POTTI RAM 4
4 · ELITE PHARMACEUTICALS INC /NV/ · Filed Jan 25, 2013
Insider Transaction Report
Form 4
POTTI RAM
Director10% Owner
Transactions
- Sale
Common Stock
2013-01-22$0.09/sh−356,700$32,103→ 12,895,935 total(indirect: see footnote)
Footnotes (2)
- [F1]Ram Potti is an equity owner and executive officer of each of Epic Pharma, LLC ("EP"), and Epic Investments, LLC ("EI") (which is controlled by EP), which owns securities convertible into or exercisable for in excess of 10% of the outstanding shares of common stock of the issuer, and also serves as a director of the issuer
- [F2]Of the 12,895,935 shares of common stock, 12,664,302 shares of common stock are owned indirectly through EI and 231,633 shares are owned directly by the reporting person.