Oretsky Todd 4
4 · MONEY4GOLD HOLDINGS INC · Filed Dec 24, 2009
Insider Transaction Report
Form 4
Oretsky Todd
DirectorChief Operating Officer10% OwnerOther
Transactions
- Award
Stock Options (Right to Buy)
2009-12-22+555,556→ 555,556 totalExercise: $0.27Exp: 2009-12-24→ Common Stock (555,556 underlying) - Sale
Common Stock
2009-12-24$0.19/sh−5,000,000$950,000→ 14,537,037 total(indirect: By LLC)
Footnotes (5)
- [F1]These securities are owned solely by the reporting person, who is a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934. The other members of the"group" together beneficially own 50,841,339 shares of common stock. The reporting person disclaims beneficial ownership of the securities beneficially owned by the other members, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F2]These securities were sold in a private transaction in which the purchasers acquired restricted securities.
- [F3]The reporting person is the sole manager of Jack Oretsky Holdings, LLC, a limited liability company.
- [F4]These securities vest at the end of each calendar quarter over four years beginning March 31, 2010.
- [F5]Not applicable.