4//SEC Filing
Quadrant 4 System Corp 4
Accession 0001185185-16-005455
CIK 0000878802operating
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 10:05 AM ET
Size
13.6 KB
Accession
0001185185-16-005455
Insider Transaction Report
Form 4
Thondavadi Nandu
DirectorCEO
Transactions
- Award
Warrants (right to buy)
2013-07-01+1,250,000→ 1,250,000 totalExercise: $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 totalExercise: $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
- 3,000,000(indirect: By Trust)
Common Stock
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
Issuer
Quadrant 4 System Corp
CIK 0000878802
Entity typeoperating
IncorporatedIL
Related Parties
1- filerCIK 0000878802
Filing Metadata
- Form type
- 4
- Filed
- Sep 21, 8:00 PM ET
- Accepted
- Sep 22, 10:05 AM ET
- Size
- 13.6 KB