Heshmatpour Amir F 4
4 · EMMAUS HOLDINGS, INC. · Filed May 5, 2011
Insider Transaction Report
Form 4
Heshmatpour Amir F
Director10% Owner
Transactions
- Other
Common Stock
2011-05-03−1,827,750→ 2,872,250 total - Sale
Common Stock
2011-05-03−500,000→ 2,372,250 total
Holdings
- 300,000(indirect: By Corporation)
Common Stock
Footnotes (4)
- [F1]In connection with a merger transaction that closed on May 3, 2011, AFH Holding and Advisory LLC ("AFH Holding") cancelled 1,827,750 shares of common stock, par value $0.001 per share (the "Common Stock"), of the Issuer. AFH Holding did not receive cash consideration for the cancellation of the shares.
- [F2]Upon the closing of the merger, AFH Holding transferred 500,000 shares of Common Stock to Mr. Timothy Brasel, pursuant to the terms of a Rescission Agreement, dated February 16, 2011 by and between Mr. Brasel and AFH Holding.
- [F3]Represents the aggregate shares of Common Stock owned of record by Amir Heshmatpour, which includes 2,372,250 shares of Common Stock owned by AFH Holding and 300,000 shares of Common Stock owned by Griffin Ventures. Mr. Amir Heshmatpour is the sole owner and manager of both AFH Holding and Griffin Ventures and has sole voting and investment control over the shares of Common Stock owned of record by AFH Holding and Griffin Ventures. Accordingly, he may be deemed a beneficial owner of the 2,372,250 shares of Common Stock owned by AFH Holding and the 300,000 shares of Common Stock owned by Griffin Ventures.
- [F4]Represents the shares of Common Stock owned of record and beneficially by Griffin Ventures.