KENNY J PATRICK 4
4 · DRINKS AMERICAS HOLDINGS, LTD · Filed Feb 3, 2012
Insider Transaction Report
Form 4
KENNY J PATRICK
DirectorCEO & President
Transactions
- Purchase
Common Stock
2012-01-23$0.50/sh+20,000$10,000→ 4,200,968 total(indirect: See Footnote) - Other
Common Stock
2012-01-19+4,175,348→ 4,180,968 total(indirect: See Footnote)
Holdings
- 599
Common Stock
Footnotes (2)
- [F1]As a result of the 1/19/2012 acquisition, 4,180,968 shares are owned by Kenny LLCI. The Reporting Person is the sole member of Kenny LLCI. As previously disclosed in the Issuer's public filings, in connection with a Stock Purchase Agreement, dated June 27, 2011 and an Amendment No. 1 to the Stock Purchase Agreement, dated November 1, 2011, the Issuer sold 4,175,348 shares to the Reporting Person in exchange for the cancellation of the Issuer's Series C Preferred Stock owned by the Reporting Person and in consideration for the Reporting Person's investment into the Issuer.
- [F2]As a result of the 1/23/2012 acquisition, 4,200,986 shares are owned by Kenny LLCI. The Reporting Person is the sole member of Kenny LLCI.