SCHWARTZBERG DEBBIE 4

Accession 0001144204-10-063549

CIK 0001421524other

View on SEC.gov Company Profile

Filed

Nov 23, 7:00 PM ET

Accepted

Nov 24, 6:51 PM ET

Size

18.4 KB

Accession

0001144204-10-063549

Insider Transaction Report

Form 4

Period: 2010-11-23

SRKP 23 IncNONE

SCHWARTZBERG DEBBIE

10% Owner

Transactions

Other
COMMON STOCK
2010-11-23−840,978→ 159,022 total
Other
COMMON STOCK
2010-11-23−83,513→ 16,487 total(indirect: See Footnote)
Other
WARRANT (RIGHT TO BUY)
2010-11-23−93,236→ 6,764 total(indirect: See Footnote)
Exercise: $0.00From: 2007-10-11→ COMMON STOCK (93,236 underlying)
Other
WARRANT (RIGHT TO BUY)
2010-11-23−934,760→ 65,240 total
Exercise: $0.00From: 2007-10-11→ COMMON STOCK (934,760 underlying)
Other
COMMON STOCK
2010-11-23−83,513→ 16,487 total(indirect: See Footnote)
Other
WARRANT (RIGHT TO BUY)
2010-11-23−93,236→ 6,764 total(indirect: See Footnote)
Exercise: $0.00From: 2007-10-11→ COMMON STOCK (93,236 underlying)

Footnotes (7)

[F1]In connection with a share exchange transaction, the reporting person cancelled 840,978 shares which decreased the number of shares beneficially owned by the reporting person from 964,518 shares to 159,022 shares. The reporting person did not receive any cash consideration for the cancellation of the shares.
[F2]Includes the disposition of 83,513 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 83,513 shares owned by the Schwartzberg Trust which decreased the number of shares beneficially owned by the Schwartzberg Trust from 100,000 shares to 16,487 shares. Neither the reporting person nor the Schwartzberg Trust received any cash consideration for the cancellation of the shares.
[F3]Includes the disposition of 83,513 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 83,513 shares owned by the Sterling Trust which decreased the number of shares beneficially owned by the Sterling Trust from 100,000 shares to 16,487 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 934,760 shares which decreased the number of derivative securities ("Warrant Shares") beneficially owned by the reporting person from 964,518 Warrant Shares to 65,240 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 93,236 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 93,236 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 6,764 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 93,236 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 93,236 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 6,764 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) October 11, 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

1 file

4
v203999_ex.xmlPrimary

Issuer

SRKP 23 Inc

CIK 0001421524

→

Entity typeother

Related Parties

filerCIK 0001307796

Filing Metadata

Form type: 4
Filed: Nov 23, 7:00 PM ET
Accepted: Nov 24, 6:51 PM ET
Size: 18.4 KB

View on SEC.gov