Kololian Vahan 4
4 · Clearpoint Business Resources, Inc · Filed Nov 19, 2008
Insider Transaction Report
Form 4
Kololian Vahan
Director10% Owner
Transactions
- Award
Common Stock
2008-08-12$0.24/sh+208,333$50,000→ 1,837,041 total(indirect: By TerraNova Partners L.P.) - Award
Common Stock
2008-08-12$1.55/sh+32,258$50,000→ 1,581,089 total(indirect: By TerraNova Partners L.P.) - Award
Common Stock
2008-08-12$1.05/sh+47,619$50,000→ 1,628,708 total(indirect: By TerraNova Partners L.P.) - Award
Common Stock
2008-11-07$0.26/sh+38,462$10,000→ 1,979,670 total(indirect: By TerraNova Partners L.P.) - Award
Common Stock
2008-08-12$0.49/sh+204,082$100,000→ 2,207,752 total(indirect: By TerraNova Partners L.P.) - Award
Common Stock
2008-11-07$0.25/sh+24,000$6,000→ 2,003,670 total(indirect: By TerraNova Partners L.P.) - Award
Common Stock
2008-08-12$2.03/sh+24,631$50,001→ 1,548,831 total(indirect: By TerraNova Partners L.P.) - Award
Common Stock
2008-08-12$0.48/sh+104,167$50,000→ 1,941,208 total(indirect: By TerraNova Partners L.P.)
Holdings
- 20,000(indirect: By Foundation)
Common Stock
Footnotes (4)
- [F1]The reported shares were issued as payment for certain advisory services performed for the issuer by TerraNova Management Corp., the manager of TerraNova Partners L.P., pursuant to the terms of the Advisory Services Agreement dated June 26, 2008.
- [F2]Mr. Kololian beneficially owns 100% of the limited partnership interest of TerraNova Partners L.P.; he also controls 100% of the voting interest in the general partner and 55% of the non-voting equity interest in the general partner of TerraNova Partners L.P.
- [F3]The reported shares were issued as repayment for a certain bridge loan provided to the issuer by TerraNova Partners L.P., pursuant to the Amended and Restated Demand Promissory Note dated June 26, 2008.
- [F4]Mr. Kololian is President and Director of The Kololian Foundation.