Bradley Kirk 4

4 · VIRTUAL PIGGY, INC. · Filed Feb 3, 2012

Form 4

Period: 2012-02-03

Director

Transactions

Expiration (Short)
Warrants (Right to Buy)
2012-02-03−625,000→ 0 total
Exercise: $0.60From: 2011-12-19Exp: 2013-12-19→ Common Stock (625,000 underlying)
Purchase
Common Stock, par value $0.0001
2012-02-03$0.35/sh+178,572$62,500→ 1,428,572 total
Purchase
Warrants (Right to Buy)
2012-02-03+714,286→ 714,286 total
Exercise: $0.50From: 2012-02-03Exp: 2013-12-19→ Common Stock (714,286 underlying)

Footnotes (1)

[F1]The securities were originally acquired by Mr. Bradley on December 19, 2011 in a private placement offering by the Issuer. On January 11, 2012, the Issuer revised the terms of the offering to reflect (i) a reduction in the per unit purchase price from $0.80 to $0.70, (ii) an increase in the amount of units offered, and (iii) a reduction in the warrant exercise price from $0.60 to $0.50. On February 3, 2012. the Issuer entered into an amendment agreement with Mr. Bradley, pursuant to which the Company agreed to amend the terms of Mr. Bradley's securities purchase agreement to reflect the new offering terms resulting in the issuance of an additional 178,572 shares of common stock and warrants to purchase an additional 89,286 shares of common stock. In addition, the exercise price of the warrants was reduced from $0.60 per share to $0.50 per share.

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