RAINEY DAVID M 4
4 · DEBT RESOLVE INC · Filed Oct 8, 2009
Insider Transaction Report
Form 4
DEBT RESOLVE INCDRSV.PK
RAINEY DAVID M
President and CFO
Transactions
- Award
Options
2009-08-07$0.19/sh→ 1,575,000 totalExercise: $0.19From: 2009-08-07Exp: 2016-08-07→ Common Stock (1,000,000 underlying) - Award
Common Stock
2009-08-27$0.15/sh+333,334$50,000→ 333,419 total
Footnotes (1)
- [F1]*Effective August 27, 2009, Mr. Rainey agreed to convert $50,000 of accrued payroll to stock at a conversion rate of $0.15 per share, resulting in 333,334 shares being issued.