4//SEC Filing
PRIDDY ROBERT L 4
Accession 0001144204-10-008804
CIK 0001298663other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 10:59 AM ET
Size
12.9 KB
Accession
0001144204-10-008804
Insider Transaction Report
Form 4
FALK MICHAEL
10% Owner
Transactions
- Conversion
Warrants
2010-02-16−18,670,825→ 0 totalExercise: $0.00From: 2008-06-20Exp: 2014-06-30→ Common Stock (18,670,825 underlying) - Purchase
Common Stock
2010-02-16$0.00/sh+18,670,825$18,671→ 18,670,825 total
PRIDDY ROBERT L
10% Owner
Transactions
- Purchase
Common Stock
2010-02-16$0.00/sh+18,670,825$18,671→ 18,670,825 total - Conversion
Warrants
2010-02-16−18,670,825→ 0 totalExercise: $0.00From: 2008-06-20Exp: 2014-06-30→ Common Stock (18,670,825 underlying)
ComVest Capital, LLC
10% Owner
Transactions
- Purchase
Common Stock
2010-02-16$0.00/sh+18,670,825$18,671→ 18,670,825 total - Conversion
Warrants
2010-02-16−18,670,825→ 0 totalExercise: $0.00From: 2008-06-20Exp: 2014-06-30→ Common Stock (18,670,825 underlying)
COMVEST CAPITAL MANAGEMENT LLC
10% Owner
Transactions
- Purchase
Common Stock
2010-02-16$0.00/sh+18,670,825$18,671→ 18,670,825 total - Conversion
Warrants
2010-02-16−18,670,825→ 0 totalExercise: $0.00From: 2008-06-20Exp: 2014-06-30→ Common Stock (18,670,825 underlying)
Footnotes (2)
- [F1]The Reporting Person is a Delaware limited liability company. The managing member of the Reporting Person is ComVest Capital Management LLC ("Management"). Michael Falk and Robert Priddy are the Managing Members of Management. 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 18,670,825 shares of common stock of the issuer. Management, as managing member of the Reporting Person, indirectly beneficially owns the securities that the Reporting Person directly owns. 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.
- [F2]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
Clearpoint Business Resources, Inc
CIK 0001298663
Entity typeother
Related Parties
1- filerCIK 0000923232
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 10:59 AM ET
- Size
- 12.9 KB