MOONEY WILLIAM M JR 4
4 · DEBT RESOLVE INC · Filed Oct 8, 2009
Insider Transaction Report
Form 4
DEBT RESOLVE INCDRSV.PK
MOONEY WILLIAM M JR
Director
Transactions
- Purchase
Common Stock
2009-08-27$0.15/sh+2,717,616$407,642→ 3,265,001 total - Award
Common Stock
2009-08-07$0.19/sh+500,000$95,000→ 547,385 total
Footnotes (2)
- [F1]These shares were granted at a Board meeting held on August 7, 2009 as compensation for Board service for 2008 and 2009.
- [F2]**Effective August 27, 2009, Mr. Mooney agreed to convert $343,421 of principal and $64,222 of accrued interest to stock at a conversion rate of $0.15 per share, resulting in 2,717,616 shares being issued.