4//SEC Filing
PRIDDY ROBERT L 4
Accession 0001144204-09-045452
CIK 0001047881other
Filed
Aug 24, 8:00 PM ET
Accepted
Aug 25, 10:19 AM ET
Size
13.7 KB
Accession
0001144204-09-045452
Insider Transaction Report
Form 4
ComVest Capital, LLC
10% Owner
Transactions
- Other
Common Stock Warrant (right to buy)
2008-03-31−2,100,000→ 0 totalExercise: $0.75From: 2007-11-19Exp: 2012-06-27→ Common Stock (2,100,000 underlying)
COMVEST CAPITAL MANAGEMENT LLC
10% Owner
Transactions
- Other
Common Stock Warrant (right to buy)
2008-03-31−2,100,000→ 0 totalExercise: $0.75From: 2007-11-19Exp: 2012-06-27→ Common Stock (2,100,000 underlying)
Bluefin Capital LLC
10% Owner
Transactions
- Other
Common Stock Warrant (right to buy)
2008-03-31−2,100,000→ 0 totalExercise: $0.75From: 2007-11-19Exp: 2012-06-27→ Common Stock (2,100,000 underlying)
PRIDDY ROBERT L
10% Owner
Transactions
- Other
Common Stock Warrant (right to buy)
2008-03-31−2,100,000→ 0 totalExercise: $0.75From: 2007-11-19Exp: 2012-06-27→ Common Stock (2,100,000 underlying)
FALK MICHAEL
10% Owner
Transactions
- Other
Common Stock Warrant (right to buy)
2008-03-31−2,100,000→ 0 totalExercise: $0.75From: 2007-11-19Exp: 2012-06-27→ Common Stock (2,100,000 underlying)
Footnotes (3)
- [F1]The warrants were redeemed by the Issuer in connection with an amendment to a loan agreement between the Issuer and the Reporting Person for a redemption price of $1,000,000, which is payable pursuant to a promissory note of the Issuer due on June 30, 2010.
- [F2]The Reporting Person is a Delaware limited liability company. The managing member of the Reporting Person is ComVest Capital, LLC ("ComVest"), a Delaware limited liability company, the managing member of which is ComVest Capital Management, LLC ("Management"). Michael Falk and Robert Priddy are the Managing Members of Management. ComVest, Management, Mr. Falk and Mr. Priddy, all of whom maintain offices at the same address as the Reporting Person, are filing this Form 4 jointly with the Reporting Person. As of the date hereof, the Reporting Person directly beneficially owns 1,750,000 securities of the Issuer. ComVest, as managing member of the Reporting Person, indirectly beneficially owns such securities. Management, as managing member of ComVest, may be deemed to indirectly beneficially own such securities. (Continued in Footnote 3)
- [F3]Mr. Falk and Mr. Priddy by virtue of their status as Co-Managing Members of Management, may be deemed to have indirect beneficial ownership of the securities owned by the Reporting Person. However, Mr. Falk and Mr. Priddy disclaim any beneficial ownership of such securities, and the filing of this Form 4 shall not be deemed an admission that Mr. Falk or Mr. Priddy are, for purposes of Section 16 of the Securities Exchange Act or otherwise, the beneficial owners of any securities covered by this Form 4.
Documents
Issuer
TALON INTERNATIONAL, INC.
CIK 0001047881
Entity typeother
Related Parties
1- filerCIK 0000923232
Filing Metadata
- Form type
- 4
- Filed
- Aug 24, 8:00 PM ET
- Accepted
- Aug 25, 10:19 AM ET
- Size
- 13.7 KB