Circle Entertainment, Inc.·4

Sep 22, 4:44 PM ET

Kanavos Paul 4

4 · Circle Entertainment, Inc. · Filed Sep 22, 2011

Insider Transaction Report

Form 4
Period: 2011-09-16
Kanavos Paul
DirectorPresident10% Owner
Transactions
  • Purchase

    Common Stock, $0.01 par value

    2011-09-16$0.02/sh+5,556,870$111,1375,556,870 total(indirect: See footnote)
Holdings
  • Common Stock, $0.01 par value

    11,973,527
  • Common Stock, $0.01 par value

    (indirect: See footnote)
    500,000
  • Common Stock, $0.01 par value

    (indirect: See footnote)
    5,501,611
  • Common Stock, $0.01 par value

    (indirect: See footnote)
    500,000
Footnotes (4)
  • [F1]These shares are held by the Kanavos Dynasty Trust 2011, of which the Reporting Person is the sole investment advisor and his spouse and children are the beneficiaries.
  • [F2]These shares are held by Atlas Real Estate Funds, Inc. ("Atlas"). The Reporting Person, together with Robert F.X. Sillerman, a director, executive officer and greater than 10% stockholder of the Issuer, and Brett Torino, a greater than 10% stockholder of the Issuer, are deemed to be the beneficial owners of such shares by virtue of being Atlas' controlling stockholders, executive officers and directors.
  • [F3]These shares are owned by the Reporting Person through the Paul C. Kanavos 2008 GRAT.
  • [F4]These shares are owned by the Reporting Person's spouse through the Dayssi Olarte de Kanavos 2008 GRAT.

Documents

1 file
  • 4
    issuerdirect_section16.xmlPrimary

    PRIMARY DOCUMENT