4//SEC Filing
NAZEM FRED F 4
Accession 0001144204-06-026804
CIK 0001051985other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 5:07 PM ET
Size
11.7 KB
Accession
0001144204-06-026804
Insider Transaction Report
Form 4
NAZEM FRED F
DirectorChief Executive Officer10% Owner
Transactions
- Other
Common Stock
2006-06-27−34,000,000→ 0 total - Other
Common Stock
2006-06-27+22,194,351→ 22,194,351 total - Purchase
Convertible Term Note
2006-01-30$1000000.00/sh+1,111,111$1,111,111,000,000→ 1,111,111 totalExercise: $0.90Exp: 2009-01-31→ Common Stock (1,111,111 underlying) - Award
Warrants
2006-01-30+504,656→ 504,656 totalExercise: $0.92Exp: 2009-01-31→ Common Stock (504,656 underlying)
Footnotes (5)
- [F1]The 34,000,000 shares were held by Flagship Healthcare Management, Inc. and were cancelled pursuant to the Share Exchange Agreement. Through his position as the Chairman and Chief Executive Officer of Flagship Healthcare Management, Inc., Mr. Nazem may under the rules of the Securities and Exchange Commission, have been deemed to be the beneficial owner of the shares of common stock. Mr. Nazem disclaimed beneficial ownership of the shares of common stock.
- [F2]Includes a Convertible Note, convertible into 1,111,111 shares of common stock, and warrants exercisable into 504,656 shares of common stock, 25,944 shares held in the Alexander Gharib Nazem Trust and 25,944 shares held in the Taraneh Gharib Nazem Trust, a trust for Mr. Nazem's children. Mr. Nazem disclaims beneficial ownership of the shares held in trust for his children.
- [F3]The shares were acquired as a result of the Share Exchange Agreement with Finity Holdings, Inc.
- [F4]Immediately exercisable.
- [F5]The shares underlying these warrants were granted to the Reporting Person in connection with a financing with Laurus Master Fund, Ltd.
Documents
Issuer
FINITY HOLDINGS INC
CIK 0001051985
Entity typeother
Related Parties
1- filerCIK 0001198686
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 5:07 PM ET
- Size
- 11.7 KB