SCHWALM THOMAS 4
4 · DRINKS AMERICAS HOLDINGS, LTD · Filed Dec 23, 2008
Insider Transaction Report
Form 4
SCHWALM THOMAS
Director
Transactions
- Conversion
Warrants
2008-12-12$0.20/sh−0$0→ 155,556 total(indirect: See Footnote)Exercise: $0.20→ Common Stock (166,667 underlying) - Conversion
Common Stock
2008-12-12$0.20/sh+166,667$33,333→ 3,516,072 total(indirect: See Footnote)
Holdings
- 96,445
Common Stock
Footnotes (5)
- [F1]Exercise of warrants into common stock at a price of $0.20 per share.
- [F2]The shares are owned by Greenwich Beverage Group, LLC (3,498,434) which is managed and controlled by Mr. Schwalm and by a trust (1,500 shares), of which Mr. Schwalm is a co-trustee. Mr. Schwalm is not a beneficiary of the trust. Also includes 16,138 shares Mr. Schwalm owns through his IRA.
- [F3]These shares were previously reported
- [F4]N/A
- [F5]The securities are held by Greenwich Beverage Group, LLC