RASMUSSEN GARY A 4
4 · FONEFRIEND INC · Filed Jun 18, 2004
Insider Transaction Report
Form 4
FONEFRIEND INCFFRD
RASMUSSEN GARY A
10% OwnerOther
Transactions
- Purchase
Common Stock
2004-06-10+0→ 85,725 total(indirect: By Partnership) - Purchase
Common Stock
2004-06-10$0.00/sh+415,000$415→ 4,682,500 total - Purchase
Right to Buy
2004-06-10$0.01/sh+0$0→ 350,000 totalExercise: $0.01From: 2003-05-21Exp: 2008-05-20→ Common (350,000 underlying)
Footnotes (3)
- [F1]All 85,725 shares reported above are held in the name of Rochester, Capital Partners, L.P., a Nevada Limited Partnership, which owns a total of 428,625 shares. Mr. Rasmussen's revocable living trust is the General Partner and his dispositive power over all shares owned by the partnership. Mr. Rasmussen claims an indirect beneficial ownership interest in 85,725 of the 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.
- [F3]Further information