SENS JOEL PATRICK 4
4 · PRE SETTLEMENT FUNDING CORP · Filed Sep 25, 2003
Insider Transaction Report
Form 4
PRE SETTLEMENT FUNDING CORPPSFD.OB
SENS JOEL PATRICK
DirectorPresident10% Owner
Transactions
- Purchase
COMMON STOCK
2003-09-23+1,677,500→ 4,077,500 total
Holdings
- 165,000(indirect: SEE FOOTNOTE)
COMMON STOCK
- 300,000
PUT OPTION
Exercise: $1.00Exp: 2010-10-26→ COMMON STOCK (300,000 underlying) - 400,000
PUT OPTION
Exercise: $0.50Exp: 2010-10-26→ COMMON STOCK (400,000 underlying) - 500,000
PUT OPTION
Exercise: $2.00Exp: 2010-10-26→ COMMON STOCK (500,000 underlying)
Footnotes (3)
- [F1]JOEL P. SENS ACQUIRED THE SHARES IN EXCHANGE FOR THE GRANT OF PROXY RIGHTS IN 560,000 SHARES OF NEXT GENERATION MEDIA CORP.
- [F2]SHARES ARE HELD BY STAFFORD STREET CAPITAL, LLC, A DELAWARE LIMITED LIABILITY COMPANY WHOLLY OWNED BY JOEL P. SENS.
- [F3]THE OPTIONS ARE EXERCISABLE AT ANYTIME UNTIL 10-26-2010.