4//SEC Filing
Quadrant 4 System Corp 4
Accession 0001185185-16-005475
CIK 0000878802operating
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 5:08 PM ET
Size
17.7 KB
Accession
0001185185-16-005475
Insider Transaction Report
Form 4
Desai Dhru
DirectorChairman of the Board and CFO10% Owner
Transactions
- Purchase
Common Stock
2010-05-20+1,000,000→ 1,000,000 total(indirect: By Spouse) - Purchase
Common Stock
2010-05-20+750,000→ 750,000 total(indirect: By Corp.) - Purchase
Common Stock
2010-05-20+1,000,000→ 1,000,000 total - Purchase
Common Stock
2014-01-13$0.78/sh+4,246,916$3,312,594→ 4,246,916 total(indirect: By Trust) - Award
Warrants (right to buy)
2015-10-09+1,153,847→ 1,153,847 totalExercise: $0.01From: 2015-10-09Exp: 2020-10-08→ Common Stock (1,153,847 underlying) - Purchase
Common Stock
2010-05-20+3,000,000→ 3,000,000 total(indirect: By Trust) - 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)
Footnotes (6)
- [F1]Shares acquired by the reporting person pursuant to a Share Exchange Agreement between the Issuer and Stonegate Holdings, Inc. (no price indicated).
- [F2]Shares acquired by a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the filing of this report is not 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 by a trust for the benefit of the reporting person's children in a private transaction. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F4]Shares acquired by the reporting person, indirectly via Congruent Ventures, a corporation of which the reporting person is the sole shareholder, pursuant to a Share Exchange Agreement between the Issuer and Stonegate Holdings, Inc. (no price indicated).
- [F5]Grant in connection with service as a director of the Issuer.
- [F6]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, 5:08 PM ET
- Size
- 17.7 KB