4//SEC Filing
SCHWARTZBERG DEBBIE 4
Accession 0001144204-10-024216
CIK 0001423242other
Filed
May 3, 8:00 PM ET
Accepted
May 4, 2:27 PM ET
Size
18.6 KB
Accession
0001144204-10-024216
Insider Transaction Report
Form 4
SCHWARTZBERG DEBBIE
10% Owner
Transactions
- Other
WARRANT (RIGHT TO BUY)
2010-04-30−88,877→ 11,123 total(indirect: SEE FOOTNOTE)Exercise: $0.00From: 2007-12-17→ COMMON STOCK (88,877 underlying) - Other
COMMON STOCK
2010-04-30−71,592→ 28,408 total(indirect: SEE FOOTNOTE) - Other
COMMON STOCK
2010-04-30−690,510→ 274,008 total - Other
WARRANT (RIGHT TO BUY)
2010-04-30−857,235→ 107,283 totalExercise: $0.00From: 2007-12-17→ COMMON STOCK (857,235 underlying)
Footnotes (7)
- [F1]In connection with a share exchange transaction, the reporting person cancelled 690,510 shares which decreased the number of shares beneficially owned by the reporting person from 964,518 shares to 274,008 shares. The reporting person did not receive any cash consideration for the cancellation of the shares.
- [F2]Includes the disposition of 71,592 shares of common stock owned by The Julie Schwartzberg Trust (the "Schwartzberg Trust"). Ms. Schwartzberg, as Trustee of the Schwartzberg Trust, may be deemed the indirect beneficial owner of these shares of common stock since she has sole voting and investment control over the shares. In connection with a share exchange transaction, the reporting person cancelled 71,592 shares owned by the Schwartzberg Trust which decreased the number of shares beneficially owned by the Schwartzberg Trust from 100,000 shares to 28,408 shares. Neither the reporting person nor the Schwartzberg Trust received any cash consideration for the cancellation of the shares.
- [F3]Includes the disposition of 71,592 shares of common stock owned by The David N. Sterling Trust (the "Sterling Trust"). Ms. Schwartzberg, as Trustee of the Sterling Trust, may be deemed the indirect beneficial owner of these shares of common stock since she has sole voting and investment control over the shares. In connection with a share exchange transaction, the reporting person cancelled 71,592 shares owned by the Sterling Trust which decreased the number of shares beneficially owned by the Sterling Trust from 100,000 shares to 28,408 shares. Neither the reporting person nor the Sterling Trust received any cash consideration for the cancellation of the shares.
- [F4]In connection with a share exchange transaction, the reporting person cancelled a warrant to purchase 857,235 shares which decreased the number of derivative securities ("Warrant Shares") beneficially owned by the reporting person from 964,518 Warrant Shares to 107,283 Warrant Shares. The reporting person did not receive any cash consideration for the cancellation of the warrant.
- [F5]Includes the disposition of a warrant to purchase 88,877 shares of common stock owned by the Schwartzberg Trust. Ms. Schwartzberg, as Trustee of the Schwartzberg Trust, may be deemed the indirect beneficial owner of these securities since she has sole voting and investment control over the securities. In connection with a share exchange transaction, the reporting person cancelled the warrant to purchase 88,877 shares owned by the Schwartzberg Trust which decreased the number of Warrant Shares beneficially owned by the Schwartzberg Trust from 100,000 Warrant Shares to 11,123 Warrant Shares. Neither the reporting person nor the Schwartzberg Trust received any cash consideration for the cancellation of the warrant.
- [F6]Includes the disposition of a warrant to purchase 88,877 shares of common stock owned by the Sterling Trust. Ms. Schwartzberg, as Trustee of the Sterling Trust, may be deemed the indirect beneficial owner of these securities since she has sole voting and investment control over the securities. In connection with a share exchange transaction, the reporting person cancelled the warrant to purchase 88,877 shares owned by the Sterling Trust which decreased the number of Warrant Shares beneficially owned by the Sterling Trust from 100,000 Warrant Shares to 11,123 Warrant Shares. Neither the reporting person nor the Sterling Trust received any cash consideration for the cancellation of the warrant.
- [F7]The warrant expires on or prior to the close of business on the earlier of (i) December 17, 2017 or (ii) five years from the date the Issuer consummates a merger or other business combination with an operating business or any other event pursuant to which the Issuer ceases to be a "shell company," as defined by Rule 12b-2 under the Securities Exchange Act of 1934 and a "blank check company," as defined by Rule 419 of the Securities Act of 1933.
Documents
Issuer
China Century Dragon Media, Inc.
CIK 0001423242
Entity typeother
Related Parties
1- filerCIK 0001307796
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 2:27 PM ET
- Size
- 18.6 KB