Home/Filings/4/0001181431-08-063040
4//SEC Filing

Kololian Vahan 4

Accession 0001181431-08-063040

CIK 0001298663other

Filed

Nov 18, 7:00 PM ET

Accepted

Nov 19, 8:29 PM ET

Size

18.2 KB

Accession

0001181431-08-063040

Insider Transaction Report

Form 4
Period: 2008-08-12
Kololian Vahan
Director10% Owner
Transactions
  • Award

    Common Stock

    2008-08-12$0.24/sh+208,333$50,0001,837,041 total(indirect: By TerraNova Partners L.P.)
  • Award

    Common Stock

    2008-08-12$1.55/sh+32,258$50,0001,581,089 total(indirect: By TerraNova Partners L.P.)
  • Award

    Common Stock

    2008-08-12$1.05/sh+47,619$50,0001,628,708 total(indirect: By TerraNova Partners L.P.)
  • Award

    Common Stock

    2008-11-07$0.26/sh+38,462$10,0001,979,670 total(indirect: By TerraNova Partners L.P.)
  • Award

    Common Stock

    2008-08-12$0.49/sh+204,082$100,0002,207,752 total(indirect: By TerraNova Partners L.P.)
  • Award

    Common Stock

    2008-11-07$0.25/sh+24,000$6,0002,003,670 total(indirect: By TerraNova Partners L.P.)
  • Award

    Common Stock

    2008-08-12$2.03/sh+24,631$50,0011,548,831 total(indirect: By TerraNova Partners L.P.)
  • Award

    Common Stock

    2008-08-12$0.48/sh+104,167$50,0001,941,208 total(indirect: By TerraNova Partners L.P.)
Holdings
  • Common Stock

    (indirect: By Foundation)
    20,000
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.

Issuer

Clearpoint Business Resources, Inc

CIK 0001298663

Entity typeother

Related Parties

1
  • filerCIK 0001321199

Filing Metadata

Form type
4
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 8:29 PM ET
Size
18.2 KB