4//SEC Filing
Metzman Mitchell 4
Accession 0001144204-11-014386
CIK 0001335725other
Filed
Mar 10, 7:00 PM ET
Accepted
Mar 11, 5:42 PM ET
Size
11.2 KB
Accession
0001144204-11-014386
Insider Transaction Report
Form 4
Metzman Mitchell
CFO and Secretary10% Owner
Transactions
- Exercise of In-Money
Common Stock
2011-03-10$0.02/sh+16,000,000$320,000→ 17,400,000 total(indirect: By LLC) - Sale
Common Stock
2011-03-10$1.49/sh−215,097$320,495→ 17,184,903 total(indirect: By LLC) - Exercise of In-Money
Common Stock Warrants (right to buy)
2011-03-10−16,000,000→ 0 total(indirect: By LLC)Exercise: $0.02From: 2010-12-27Exp: 2015-12-27→ Common Stock (16,000,000 underlying) - Other
Common Stock Warrants (right to buy)
2010-12-27+16,000,000→ 16,000,000 total(indirect: By LLC)Exercise: $0.02From: 2010-12-27Exp: 2015-12-27→ Common Stock (16,000,000 underlying)
Footnotes (2)
- [F1]The shares are held in the name of Moorland Lane Partners, LLC ("Moorland"). In his capacities as a manager and member of Moorland, the Reporting Person may be deemed to be the beneficial owner of such shares. The Reporting Person expressly disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein, if any.
- [F2]In consideration of the loan from Moorland evidenced by a promissory note dated December 27, 2010, the Issuer issued a warrant to purchase 16,000,000 shares of its common stock to Moorland.
Documents
Issuer
ISRAEL GROWTH PARTNERS ACQUISITION CORP.
CIK 0001335725
Entity typeother
Related Parties
1- filerCIK 0001336138
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 7:00 PM ET
- Accepted
- Mar 11, 5:42 PM ET
- Size
- 11.2 KB