DONENFELD ALAN P 4
4 · PREVENTION INSURANCE COM INC · Filed Nov 8, 2010
Insider Transaction Report
Form 4
DONENFELD ALAN P
DirectorPresident and Secretary10% Owner
Transactions
- Other
Warrants
2010-11-04$20000.00/sh+20,000,000$400,000,000,000→ 175,000,000 total(indirect: By Partnership)Exercise: $0.01From: 2010-11-04Exp: 2013-11-04→ Common Stock (20,000,000 underlying) - Other
Warrants
2010-03-08−10,000,000→ 135,000,000 total(indirect: By Partnership)Exercise: $0.01From: 2008-04-30Exp: 2011-04-08→ Common Stock (10,000,000 underlying) - Other
Warrants
2010-06-04$20000.00/sh+20,000,000$400,000,000,000→ 155,000,000 total(indirect: By Partnership)Exercise: $0.01From: 2010-06-04Exp: 2013-06-04→ Common Stock (20,000,000 underlying)
Holdings
- 246,428,571(indirect: By Partnership)
Common Stock, par value $0.01 per share (the "Common Stock")
Footnotes (5)
- [F1]Represents the shares of common stock, par value $.01 (the "Common Stock") of the Issuer beneficially owned by the Reporting Person as of the date of this filing and includes an aggregate of 71,428,571 shares of common stock, par value $0.01 (the "Common Stock") of the Issuer and warrants to purchase up to an aggregate of 175,000,000 shares of Common Stock of the Issuer owned of record by Paragon Capital LP ("Paragon").
- [F2]The securities of the Issuer that are the subject of this report are owned of record by Paragon. The Reporting Person is the Managing Member of Paragon Capital Advisors LLC which is the General Partner of Paragon and therefore may be deemed to beneficially own the securities owned of record by Paragon.
- [F3]Pursuant to an agreement, dated March 8, 2010 by and between the Issuer and a third party, Paragon transferred ownership of a Warrant to purchase 10,000,000 shares of the Common Stock of the Company, to a third party.
- [F4]Pursuant to a Securities Purchase Agreement, dated June 4, 2010, in exchange for an advance to the Company for an aggregate amount equal to $20,000, the Company issued to Paragon a warrant to purchase up to an aggregate of 20,000,000 shares of Common Stock at an exercise price of $0.005 per share. The warrant is exercisable from the date of issuance until three years from the date of the closing of the transaction.
- [F5]On November 4, 2010, Paragon purchased a warrant to purchase up to 20,000,000 shares of Common Stock of the Issuer for an aggregate purchase price equal to $20,000. The warrant is exercisable for a period of three years from the date of the issuance at an exercise price equal to $0.005 per share. The Reporting Person is the Managing Member of Paragon Capital Advisors LLC which is the General Partner of Paragon and therefore may be deemed to beneficially own the securities owned of record by Paragon.