KAYE HARVEY N 4
4 · Latitude Solutions, Inc. · Filed May 8, 2012
Insider Transaction Report
Form 4
KAYE HARVEY N
DirectorCEO and President10% Owner
Transactions
- Other
Common Stock
2012-04-22−1,750,000→ 225,960 total
Holdings
- 2,773,960(indirect: By Spouse)
Common Stock
- 1,975,960
Common Stock
Footnotes (1)
- [F1]On April 22, 2012, Harvey N. Kaye resigned from the Board of Directors of Latitude Solutions, Inc. As part of his resignation, Mr. Kaye and the Company entered into a Confidential Separation Agreement Share Recapture and General Release of Claims ("the Agreement"). As part of such Agreement, Mr. Kaye has agreed to return 1,750,000 shares of the Company's stock held by him to the Company for cancellation.