Lamkin Aaron 4
4 · TapSlide, Inc. · Filed Jul 20, 2009
Insider Transaction Report
Form 4
TapSlide, Inc.TSLI
Lamkin Aaron
DirectorChief Executive Officer
Transactions
- Award
$0.001 par value common stock
2009-06-18$0.00/sh+37,500,000$75,000→ 37,500,000 total - Conversion
$0.001 par value common stock
2009-06-18$0.00/sh+75,000,000$150,000→ 112,500,000 total(indirect: By LLC) - Conversion
Convertible Debentures
2009-06-18−75,000,000→ 0 total(indirect: By LLC)Exercise: $0.00From: 2008-08-14→ Common Stock (75,000,000 underlying)
Footnotes (2)
- [F1]Includes 75,000,000 shares held by the Regency Group, LLC, an entity which Mr. Lamkin is a manager and a member and in which he has voting and dispositive power and 37,500,000 shares of Common Stock that will be held directly by Mr. Lamkin that have not yet been issued and whose issuance is contingent upon the Company having a sufficient number of shares of common stock available for their issuance.
- [F2]The Convertible Debenture was due and payable on December 31, 2008 and is currently in default. The Regency Group may exercise its right to convert the Convertible Debenture into shares of the Company's common stock at any time until paid in full by the Company.