4//SEC Filing
GRANDPARENTS.COM, INC. 4
Accession 0001144204-13-042824
CIK 0001020475operating
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 5:16 PM ET
Size
6.3 KB
Accession
0001144204-13-042824
Insider Transaction Report
Form 4
GRANDPARENTS.COM, INC.GPCM.OB
LEBER STEVEN E
DirectorCo-CEO, Chairman10% Owner
Transactions
- Sale
Common Stock
2013-07-31−830,000→ 53,057,491 total(indirect: See Footnote)
Footnotes (3)
- [F1]On July 31, 2013, GP.com Holding Company, LLC, a limited liability company of which the reporting person is a Managing Director and indirectly holds a membership interest ("GP.com LLC"), entered into an agreement with a third party (the "transferee") pursuant to which GP.com LLC transferred 830,000 shares of common stock of Grandparents.com, Inc. to the transferee in exchange for (i) the termination of a consulting agreement between GP.com LLC and the transferee; (ii) the termination of a warrant held by the transferee to purchase equity interests in GP.com LLC; and (iii) certain mutual releases between GP.com LLC and the third party.
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 of the Securities Exchange Act or 1934, as amended, or for any other purposes. See footnote 3 hereto.
- [F3]The reported securities are owned beneficially and of record by GP.com LLC.
Documents
Issuer
GRANDPARENTS.COM, INC.
CIK 0001020475
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001020475
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 5:16 PM ET
- Size
- 6.3 KB