Liptak David 4
4 · Diligent Board Member Services, Inc. · Filed Apr 1, 2009
Insider Transaction Report
Form 4
Liptak David
10% Owner
Transactions
- Purchase
Common Stock
2009-03-30$0.08/sh+2,387,263$190,981→ 2,387,263 total(indirect: Through Spring Street Partners, LP)
Holdings
- 20,000,000(indirect: Through Spring Street Partners, LP)
Series A Preferred Stock
→ Common Stock (20,000,000 underlying)
Footnotes (2)
- [F1]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 or for any other purpose.
- [F2]The Series A Preferred Stock is convertible at any time on a one for one basis and has no expiration date.