SCHULMAN FREDRICK 4
4 · DRINKS AMERICAS HOLDINGS, LTD · Filed Feb 8, 2012
Insider Transaction Report
Form 4
SCHULMAN FREDRICK
Director
Transactions
- Purchase
Common Stock
2012-01-23$0.50/sh+8,000$4,000→ 321,657 total - Other
Common Stock
2012-01-19+313,151→ 313,657 total
Footnotes (1)
- [F1]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 313,151 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.