JAIN ABHISHEK 4
4 · SouthPeak Interactive CORP · Filed Jul 24, 2008
Insider Transaction Report
Form 4
JAIN ABHISHEK
Director
Transactions
- Disposition to Issuer
Class W Warrants (right to buy)
2008-07-22−250,000→ 0 total(indirect: By WTP Capital)Exercise: $5.00From: 2007-04-18Exp: 2011-04-17→ Common Stock (250,000 underlying) - Award
Class Y Warrants (right to buy)
2008-07-22+250,000→ 250,000 total(indirect: By WTP Capital)Exercise: $1.50From: 2008-07-22Exp: 2013-05-31→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]Mr. Jain disposed of 250,000 Class W Warrants in exchange for 250,000 Class Y Warrants pursuant to the terms of that certain Purchase Agreement, dated May 12, 2008, related to the purchase of Series A preferred stock.
- [F2]Mr. Jain is the Chief Executive Officer and a member of WTP Capital, LLC.