YOUNG BUDDY 5
5 · PROGRESSIVE TRAINING, INC. · Filed Oct 19, 2010
Insider Transaction Report
Form 5
YOUNG BUDDY
DirectorPresident, CEO, CFO, Chairman10% Owner
Transactions
- Other
Common Stock
2009-03-16+3,000,000→ 4,005,716 total(indirect: By Trust)
Footnotes (3)
- [F1]These shares are owned directly by the Young Family Trust (the "Trust") and are beneficially owned by Buddy Young and Rebecca Young as settlors and co-trustees of the Trust, which is revocable.
- [F2]Rebecca Young, whose address is c/o 17337 Ventura Boulevard, Suite 305, Encino, CA 91316, is filing this Form 5 jointly with Buddy Young as a 10% Owner of the Common Stock of Progressive Training, Inc. [PRTR]. Rebecca Young is filing this Form 5 for the Issuer's fiscal year ended 5/31/2009 and with respect to the same shares and transactions as are reported in this Form 5 by Buddy Young.
- [F3]These shares were acquired from the Issuer in exchange for cancellation of $180,000 of indebtedness.