GRANDPARENTS.COM, INC. 4
4 · GRANDPARENTS.COM, INC. · Filed Sep 26, 2013
Insider Transaction Report
Form 4
GRANDPARENTS.COM, INC.GPCM.OB
LEBER STEVEN E
DirectorCo-CEO, Chairman10% Owner
Transactions
- Sale
Common Stock
2013-09-24−116,719→ 52,940,772 total(indirect: See Footnote)
Footnotes (3)
- [F1]On September 24, 2013, GP.com Holding Company, LLC ("GP.com LLC") entered into an agreement with a third party (the "transferee") pursuant to which GP.com LLC transferred 116,719 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.