Quadrant 4 System Corp 4

4 · Quadrant 4 System Corp · Filed Sep 22, 2016

Form 4

Period: 2010-06-07

DirectorCEO

Transactions

Award
Warrants (right to buy)
2013-07-01+1,250,000→ 1,250,000 total
Exercise: $0.10From: 2013-07-01Exp: 2018-07-01→ Common Stock (1,250,000 underlying)
Award
Warrants (right to buy)
2015-10-09+1,153,846→ 1,153,846 total
Exercise: $0.01From: 2015-10-09Exp: 2020-10-08→ Common Stock (1,153,846 underlying)
Purchase
Common Stock
2010-06-07+4,500,000→ 4,500,000 total(indirect: By Trust)
Purchase
Common Stock
2013-09-30$0.25/sh+993,287$248,322→ 993,287 total

Holdings

Footnotes (5)

[F1]Shares held by a trust of which the reporting person's spouse is the sole trustee and the reporting person's child is the sole beneficiary, pursuant to a Share Exchange Agreement between the Issuer and Stonegate Holdings, Inc. (no price indicated). The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
[F2]Shares acquired by a trust of which the reporting person's spouse is the sole trustee and the reporting person's child is the sole beneficiary, pursuant to a Share Exchange Agreement between the Issuer and Stonegate Holdings, Inc. (no price indicated). The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
[F3]Shares acquired pursuant to an agreement with the Issuer to cancel indebtedness in the amount of $248,322 owned by the Issuer to Global Technology Ventures Corporation, a dissolved corporation of which the reporting person was the sole shareholder.
[F4]Grant in connection with service as a director of the Issuer.
[F5]Grant in connection with service as an executive officer of the Issuer.

Documents

1 file