Gelmon Michael J 5
5 · Novation Holdings Inc · Filed Dec 6, 2012
Insider Transaction Report
Form 5
Gelmon Michael J
DirectorChairman and CEO
Transactions
- Purchase
Common stock
2012-11-06$0.00/sh+37,037$37→ 111,111 total(indirect: 37,037 shares are held in escrow, to be released on July 1, 2013.) - Purchase
Common stock
2012-11-06$0.00/sh+74,075$74→ 111,111 total
Footnotes (1)
- [F1]Ownership of 1,666,667 common shares was previously reported on Form 4 filed July 18, 2012, of which 1,111,111 shares were held directly and 555,556 shares were held indirectly, in escrow to be released on July 1, 2013. On November 6, 2012, the Issuer completed a 1 for 15 reverse split of its common shares, as a result of which, the previously reported shares became 74,075 common shares held directly and 37,037 shares held indirectly. No additional shares were acquired and no shares have been disposed of.