Hudson Randolph S 4
4 · DISTRIBUTION MANAGEMENT SERVICES INC · Filed Dec 10, 2010
Insider Transaction Report
Form 4
Hudson Randolph S
DirectorCo-President, CEO, Acting CFOOther
Transactions
- Sale
Common Stock, $0.001 par value per share
2010-10-25−1,200,000→ 6,300,025 total(indirect: By Trust)
Footnotes (3)
- [F1]On October 25, 2010, First Hudson Trust of New York (SEC CIK 0001294448), the direct beneficial owner of the securities subject hereof, entered into a private securities transaction that was exempt from the registration requirements of the Securities Act of 1933.
- [F2]The securities that are the subject of this disclosure were sold to a non-U. S. person who is an employee of a foreign government; namely, the buyer is a (law enforcement) official of Canada.
- [F3]Of the total number of shares claimed following the transaction reported herein; the Reporting Person is a fiduciary and not a direct beneficial owner of 6,300,000 shares of the Issuer's securities and acts only as an administrative trustee of First Hudson Trust of New York, the direct beneficial owner ; however, the Reporting Person directly owns 25 shares of the Issuer's securities following the transaction reported herein.