Home/Filings/4/0001144204-07-050810
4//SEC Filing

HARTVILLE GROUP INC 4

Accession 0001144204-07-050810

CIK 0001126960operating

Filed

Sep 23, 8:00 PM ET

Accepted

Sep 24, 2:15 PM ET

Size

9.3 KB

Accession

0001144204-07-050810

Insider Transaction Report

Form 4
Period: 2007-09-19
Transactions
  • Purchase

    Common Stock Warrant

    2007-09-19+8,438,8198,438,819 total(indirect: See Footnote)
    Exercise: $0.15From: 2007-09-19Exp: 2011-09-19Common Stock, $.001 par value (8,438,819 underlying)
  • Purchase

    Convertible Debenture

    2007-09-19$1000000.00/sh8,438,819 total(indirect: See Footnote)
    Exercise: $0.15From: 2007-09-19Exp: 2010-09-19Common Stock, $.001 par value (8,438,819 underlying)
Footnotes (3)
  • [F1]8,438,818 shares of common stock are issuable within 60 days of the date hereof upon the exercise of Warrants beneficially held by Midsummer Investment, Ltd. at an exercise price of $0.15 per share.
  • [F2]Midsummer Capital, LLC is the investment advisor to Midsummer Investment, Ltd. Mr. Michel Amsalem, a director of the Hartville, has delegated authority from the members of Midsummer Capital, LLC with respect to the shares of Common Stock owned by Midsummer Investment, Ltd. Mr. Amsalem may be deemed to share dispositive power over the shares of common stock held by Midsummer Investment, Ltd. Mr. Amsalem has no legal right to maintain such delegated authority and therefore disclaims beneficial ownership of such shares of Common Stock. By virtue of Midsummer Investment, Ltd.'s direct beneficial ownership of such shares, Midsummer Investment, Ltd. has filed a separate Form 4 as to such shares.
  • [F3]8,438,819 shares of common stock are issuable within 60 days of the date hereof upon conversion of convertible debentures beneficially held by Midsummer at a conversion price of $0.15.

Documents

1 file

Issuer

HARTVILLE GROUP INC

CIK 0001126960

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001126960

Filing Metadata

Form type
4
Filed
Sep 23, 8:00 PM ET
Accepted
Sep 24, 2:15 PM ET
Size
9.3 KB