Home/Filings/4/0001209191-10-049916

4//SEC Filing

TAYLOR LESTER E JR 4

Accession 0001209191-10-049916

CIK 0000920317other

View on SEC.gov Company Profile

Filed

Oct 11, 8:00 PM ET

Accepted

Oct 12, 6:26 AM ET

Size

60.1 KB

Accession

0001209191-10-049916

Insider Transaction Report

Form 4

Period: 2008-12-31

US DRY CLEANING CORPUDRY

TAYLOR LESTER E JR

10% Owner

Transactions

Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 2)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 5)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 1)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Purchase
Common Stock
2008-10-20$0.25/sh+57,000$14,250→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 4)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Trust)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Purchase
Common Stock
2008-10-17$0.28/sh+11,000$3,080→ 35,012,167 total
Purchase
Common Stock
2008-09-19$0.55/sh+2,000$1,100→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-10-22$0.25/sh+3,100$775→ 35,012,167 total(indirect: By Park Place)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 1)
From: 2008-12-31→ Common Stock (2,549,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 3)
From: 2008-12-31→ Common Stock (4,403,612 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 5)
From: 2008-12-31→ Common Stock (2,475,237 underlying)
Purchase
Common Stock
2008-11-18$0.22/sh+27,501$5,968→ 35,012,167 total(indirect: By Trust)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Park Place)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 2)
From: 2008-12-31→ Common Stock (2,519,034 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 4)
From: 2008-12-31→ Common Stock (3,472,686 underlying)
Purchase
Common Stock
2008-09-19$0.51/sh+6,800$3,468→ 35,012,167 total
Purchase
Common Stock
2008-10-20$0.28/sh+36,000$10,224→ 35,012,167 total
Purchase
Common Stock
2008-11-19$0.19/sh+22,000$4,180→ 35,012,167 total(indirect: By Trust)
Other
Series B Preferred Stock
2008-12-31+10,526→ 35,012,167 total(indirect: By Setal 3)
Exercise: $0.32From: 2008-12-31→ Common Stock (3,289,375 underlying)

TAYLOR DIANE M

10% Owner

Transactions

Purchase
Common Stock
2008-09-19$0.55/sh+2,000$1,100→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-11-19$0.19/sh+22,000$4,180→ 35,012,167 total(indirect: By Trust)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Trust)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 2)
From: 2008-12-31→ Common Stock (2,519,034 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 3)
From: 2008-12-31→ Common Stock (4,403,612 underlying)
Purchase
Common Stock
2008-09-19$0.51/sh+6,800$3,468→ 35,012,167 total
Purchase
Common Stock
2008-10-17$0.28/sh+11,000$3,080→ 35,012,167 total
Purchase
Common Stock
2008-10-22$0.25/sh+3,100$775→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 1)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 2)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 4)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 5)
From: 2008-12-31→ Common Stock (2,475,237 underlying)
Purchase
Common Stock
2008-11-18$0.22/sh+27,501$5,968→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-10-20$0.25/sh+57,000$14,250→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+10,526→ 35,012,167 total(indirect: By Setal 3)
Exercise: $0.32From: 2008-12-31→ Common Stock (3,289,375 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 5)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Purchase
Common Stock
2008-10-20$0.28/sh+36,000$10,224→ 35,012,167 total
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 4)
From: 2008-12-31→ Common Stock (3,472,686 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Park Place)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 1)
From: 2008-12-31→ Common Stock (2,549,750 underlying)

TAYLOR FAMILY TRUST

10% Owner

Transactions

Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Trust)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 4)
From: 2008-12-31→ Common Stock (3,472,686 underlying)
Other
Series B Preferred Stock
2008-12-31+10,526→ 35,012,167 total(indirect: By Setal 3)
Exercise: $0.32From: 2008-12-31→ Common Stock (3,289,375 underlying)
Purchase
Common Stock
2008-10-20$0.28/sh+36,000$10,224→ 35,012,167 total
Purchase
Common Stock
2008-11-19$0.19/sh+22,000$4,180→ 35,012,167 total(indirect: By Trust)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 4)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Purchase
Common Stock
2008-09-19$0.51/sh+6,800$3,468→ 35,012,167 total
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 2)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 1)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Purchase
Common Stock
2008-10-17$0.28/sh+11,000$3,080→ 35,012,167 total
Purchase
Common Stock
2008-09-19$0.55/sh+2,000$1,100→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-11-18$0.22/sh+27,501$5,968→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-10-20$0.25/sh+57,000$14,250→ 35,012,167 total(indirect: By Park Place)
Purchase
Common Stock
2008-10-22$0.25/sh+3,100$775→ 35,012,167 total(indirect: By Park Place)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 1)
From: 2008-12-31→ Common Stock (2,549,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 3)
From: 2008-12-31→ Common Stock (4,403,612 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 5)
From: 2008-12-31→ Common Stock (2,475,237 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 5)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Park Place)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 2)
From: 2008-12-31→ Common Stock (2,519,034 underlying)

Park Place Services

10% Owner

Transactions

Other
Series B Preferred Stock
2008-12-31+10,526→ 35,012,167 total(indirect: By Setal 3)
Exercise: $0.32From: 2008-12-31→ Common Stock (3,289,375 underlying)
Purchase
Common Stock
2008-11-18$0.22/sh+27,501$5,968→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-10-20$0.25/sh+57,000$14,250→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 1)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Trust)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 5)
From: 2008-12-31→ Common Stock (2,475,237 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 2)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 4)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Purchase
Common Stock
2008-10-20$0.28/sh+36,000$10,224→ 35,012,167 total
Purchase
Common Stock
2008-10-22$0.25/sh+3,100$775→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Park Place)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 3)
From: 2008-12-31→ Common Stock (4,403,612 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 1)
From: 2008-12-31→ Common Stock (2,549,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 4)
From: 2008-12-31→ Common Stock (3,472,686 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 5)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 2)
From: 2008-12-31→ Common Stock (2,519,034 underlying)
Purchase
Common Stock
2008-10-17$0.28/sh+11,000$3,080→ 35,012,167 total
Purchase
Common Stock
2008-09-19$0.51/sh+6,800$3,468→ 35,012,167 total
Purchase
Common Stock
2008-09-19$0.55/sh+2,000$1,100→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-11-19$0.19/sh+22,000$4,180→ 35,012,167 total(indirect: By Trust)

SETAL 1 LLC

10% Owner

Transactions

Purchase
Common Stock
2008-10-20$0.28/sh+36,000$10,224→ 35,012,167 total
Purchase
Common Stock
2008-09-19$0.55/sh+2,000$1,100→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-10-20$0.25/sh+57,000$14,250→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 5)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Purchase
Common Stock
2008-10-17$0.28/sh+11,000$3,080→ 35,012,167 total
Purchase
Common Stock
2008-11-18$0.22/sh+27,501$5,968→ 35,012,167 total(indirect: By Trust)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 4)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Purchase
Common Stock
2008-11-19$0.19/sh+22,000$4,180→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-10-22$0.25/sh+3,100$775→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+10,526→ 35,012,167 total(indirect: By Setal 3)
Exercise: $0.32From: 2008-12-31→ Common Stock (3,289,375 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 1)
From: 2008-12-31→ Common Stock (2,549,750 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Park Place)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 5)
From: 2008-12-31→ Common Stock (2,475,237 underlying)
Purchase
Common Stock
2008-09-19$0.51/sh+6,800$3,468→ 35,012,167 total
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 2)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 2)
From: 2008-12-31→ Common Stock (2,519,034 underlying)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 1)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 4)
From: 2008-12-31→ Common Stock (3,472,686 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Trust)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 3)
From: 2008-12-31→ Common Stock (4,403,612 underlying)

SETAL 2 LLC

10% Owner

Transactions

Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 4)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Trust)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 1)
From: 2008-12-31→ Common Stock (2,549,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 2)
From: 2008-12-31→ Common Stock (2,519,034 underlying)
Purchase
Common Stock
2008-09-19$0.51/sh+6,800$3,468→ 35,012,167 total
Purchase
Common Stock
2008-10-17$0.28/sh+11,000$3,080→ 35,012,167 total
Purchase
Common Stock
2008-10-20$0.28/sh+36,000$10,224→ 35,012,167 total
Purchase
Common Stock
2008-10-22$0.25/sh+3,100$775→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 2)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Purchase
Common Stock
2008-11-19$0.19/sh+22,000$4,180→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-10-20$0.25/sh+57,000$14,250→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 1)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 5)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Park Place)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 3)
From: 2008-12-31→ Common Stock (4,403,612 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 4)
From: 2008-12-31→ Common Stock (3,472,686 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 5)
From: 2008-12-31→ Common Stock (2,475,237 underlying)
Purchase
Common Stock
2008-09-19$0.55/sh+2,000$1,100→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-11-18$0.22/sh+27,501$5,968→ 35,012,167 total(indirect: By Trust)
Other
Series B Preferred Stock
2008-12-31+10,526→ 35,012,167 total(indirect: By Setal 3)
Exercise: $0.32From: 2008-12-31→ Common Stock (3,289,375 underlying)

SETAL 3 LLC

10% Owner

Transactions

Purchase
Common Stock
2008-09-19$0.51/sh+6,800$3,468→ 35,012,167 total
Purchase
Common Stock
2008-10-17$0.28/sh+11,000$3,080→ 35,012,167 total
Purchase
Common Stock
2008-10-20$0.28/sh+36,000$10,224→ 35,012,167 total
Purchase
Common Stock
2008-09-19$0.55/sh+2,000$1,100→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-11-18$0.22/sh+27,501$5,968→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-11-19$0.19/sh+22,000$4,180→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-10-22$0.25/sh+3,100$775→ 35,012,167 total(indirect: By Park Place)
Purchase
Common Stock
2008-10-20$0.25/sh+57,000$14,250→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 4)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Park Place)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 3)
From: 2008-12-31→ Common Stock (4,403,612 underlying)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 1)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+10,526→ 35,012,167 total(indirect: By Setal 3)
Exercise: $0.32From: 2008-12-31→ Common Stock (3,289,375 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Trust)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 2)
From: 2008-12-31→ Common Stock (2,519,034 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 4)
From: 2008-12-31→ Common Stock (3,472,686 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 2)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 5)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 1)
From: 2008-12-31→ Common Stock (2,549,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 5)
From: 2008-12-31→ Common Stock (2,475,237 underlying)

SETAL 5 LLC

10% Owner

Transactions

Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 2)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 5)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Trust)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Purchase
Common Stock
2008-10-20$0.28/sh+36,000$10,224→ 35,012,167 total
Purchase
Common Stock
2008-10-20$0.25/sh+57,000$14,250→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+10,526→ 35,012,167 total(indirect: By Setal 3)
Exercise: $0.32From: 2008-12-31→ Common Stock (3,289,375 underlying)
Purchase
Common Stock
2008-09-19$0.55/sh+2,000$1,100→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-11-18$0.22/sh+27,501$5,968→ 35,012,167 total(indirect: By Trust)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Park Place)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 2)
From: 2008-12-31→ Common Stock (2,519,034 underlying)
Purchase
Common Stock
2008-11-19$0.19/sh+22,000$4,180→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-10-22$0.25/sh+3,100$775→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 4)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 1)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 1)
From: 2008-12-31→ Common Stock (2,549,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 3)
From: 2008-12-31→ Common Stock (4,403,612 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 4)
From: 2008-12-31→ Common Stock (3,472,686 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 5)
From: 2008-12-31→ Common Stock (2,475,237 underlying)
Purchase
Common Stock
2008-09-19$0.51/sh+6,800$3,468→ 35,012,167 total
Purchase
Common Stock
2008-10-17$0.28/sh+11,000$3,080→ 35,012,167 total

Setal 6, LLC

10% Owner

Transactions

Purchase
Common Stock
2008-10-20$0.28/sh+36,000$10,224→ 35,012,167 total
Purchase
Common Stock
2008-09-19$0.55/sh+2,000$1,100→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-11-19$0.19/sh+22,000$4,180→ 35,012,167 total(indirect: By Trust)
Other
Series B Preferred Stock
2008-12-31+10,526→ 35,012,167 total(indirect: By Setal 3)
Exercise: $0.32From: 2008-12-31→ Common Stock (3,289,375 underlying)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 4)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Trust)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Park Place)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 5)
From: 2008-12-31→ Common Stock (2,475,237 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 5)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 1)
From: 2008-12-31→ Common Stock (2,549,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 4)
From: 2008-12-31→ Common Stock (3,472,686 underlying)
Purchase
Common Stock
2008-10-17$0.28/sh+11,000$3,080→ 35,012,167 total
Purchase
Common Stock
2008-11-18$0.22/sh+27,501$5,968→ 35,012,167 total(indirect: By Trust)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 3)
From: 2008-12-31→ Common Stock (4,403,612 underlying)
Purchase
Common Stock
2008-09-19$0.51/sh+6,800$3,468→ 35,012,167 total
Purchase
Common Stock
2008-10-20$0.25/sh+57,000$14,250→ 35,012,167 total(indirect: By Park Place)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 2)
From: 2008-12-31→ Common Stock (2,519,034 underlying)
Purchase
Common Stock
2008-10-22$0.25/sh+3,100$775→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 1)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 2)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)

SETAL 4 LLC

10% Owner

Transactions

Purchase
Common Stock
2008-09-19$0.51/sh+6,800$3,468→ 35,012,167 total
Purchase
Common Stock
2008-10-20$0.28/sh+36,000$10,224→ 35,012,167 total
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 5)
From: 2008-12-31→ Common Stock (2,475,237 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Trust)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 1)
From: 2008-12-31→ Common Stock (2,549,750 underlying)
Purchase
Common Stock
2008-10-17$0.28/sh+11,000$3,080→ 35,012,167 total
Purchase
Common Stock
2008-09-19$0.55/sh+2,000$1,100→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-11-18$0.22/sh+27,501$5,968→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-10-20$0.25/sh+57,000$14,250→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+10,526→ 35,012,167 total(indirect: By Setal 3)
Exercise: $0.32From: 2008-12-31→ Common Stock (3,289,375 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 5)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 2)
From: 2008-12-31→ Common Stock (2,519,034 underlying)
Purchase
Common Stock
2008-11-19$0.19/sh+22,000$4,180→ 35,012,167 total(indirect: By Trust)
Purchase
Common Stock
2008-10-22$0.25/sh+3,100$775→ 35,012,167 total(indirect: By Park Place)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 1)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+6,316→ 35,012,167 total(indirect: By Setal 2)
Exercise: $0.32From: 2008-12-31→ Common Stock (1,973,750 underlying)
Other
Series B Preferred Stock
2008-12-31+8,421→ 35,012,167 total(indirect: By Setal 4)
Exercise: $0.32From: 2008-12-31→ Common Stock (2,631,563 underlying)
Other
Series B Preferred Stock
2008-12-31+1,050→ 35,012,167 total(indirect: By Park Place)
Exercise: $0.32From: 2008-12-31→ Common Stock (328,125 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 3)
From: 2008-12-31→ Common Stock (4,403,612 underlying)
Other
Convertible Promissory Note
2008-12-31→ 35,012,167 total(indirect: By Setal 4)
From: 2008-12-31→ Common Stock (3,472,686 underlying)

Footnotes (13)

[F1]Each Reporting Person may be deemed to be a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding shares of Common Stock. To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the first of two identical reports relating to the same transactions being filed with the Securities and Exchange Commission.
[F10]The first $631,579 of principal and accrued interest under the note is convertible into shares of Common Stock at a conversion price equal to $0.32 and any amount of principal and accrued interest in excess of such amount is convertible into shares of Common Stock at a conversion price equal to $0.75.
[F11]Based on the outstanding balance of the convertible note eligible for conversion as of December 31, 2008.
[F12]Price of derivative equal to monies loaned pursuant to the convertible note.
[F13]N/A
[F2]As the trustees of the Taylor Family Trust (the "Taylor Trust") Lester E. Taylor, Jr. ("Lester") and Diane M. Taylor ("Diane") are deemed to beneficially own the securities beneficially owned by the Taylor Trust.
[F3]As the general partners of Park Place Services ("Park Place") Lester and Clyde Wilson are deemed to beneficially own the securities beneficially owned by Park Place.
[F4]As the sole manager of Setal 1, LLC ("Setal 1"), Setal 2, LLC ("Setal 2"), Setal 3, LLC ("Setal 3"), Setal 4, LLC ("Setal 4"), Setal 5, LLC ("Setal 5") and Setal 6, LLC ("Setal 6") (collectively, the "Setals"), Lester is deemed to beneficially own the securities beneficially owned by the Setals.
[F5]Pursuant to the terms of a Securities Exchange Agreement with Issuer, Setal 1, Setal 2, Setal 3, Setal 4, Setal 5, Park Place, and the Taylor Trust agreed to exchange their respective convertible promissory notes due from Issuer for new convertible promissory notes and shares of Issuer's Series B Preferred Stock, which Series B Preferred Stock is convertible into shares of Common Stock.
[F6]The first $842,105 of principal and accrued interest under the note is convertible into shares of Common Stock at a conversion price equal to $0.32 and any amount of principal and accrued interest in excess of such amount is convertible into shares of Common Stock at a conversion price equal to $0.75.
[F7]The first $631,579 of principal and accrued interest under the note is convertible into shares of Common Stock at a conversion price equal to $0.32 and any amount of principal and accrued interest in excess of such amount is convertible into shares of Common Stock at a conversion price equal to $0.75.
[F8]The first $1,052,632 of principal and accrued interest under the note is convertible into shares of Common Stock at a conversion price equal to $0.32 and any amount of principal and accrued interest in excess of such amount is convertible into shares of Common Stock at a conversion price equal to $0.75.
[F9]The first $842,105 of principal and accrued interest under the note is convertible into shares of Common Stock at a conversion price equal to $0.32 and any amount of principal and accrued interest in excess of such amount is convertible into shares of Common Stock at a conversion price equal to $0.75.

Documents

1 file

4
c05861_4x0.xmlPrimary
MAIN DOCUMENT DESCRIPTION

Issuer

US DRY CLEANING CORP

CIK 0000920317

→

Entity typeother

Related Parties

filerCIK 0001455659

Filing Metadata

Form type: 4
Filed: Oct 11, 8:00 PM ET
Accepted: Oct 12, 6:26 AM ET
Size: 60.1 KB

View on SEC.gov