DEBT RESOLVE INC 5
5 · DEBT RESOLVE INC · Filed Feb 17, 2009
Insider Transaction Report
Form 5
RAINEY DAVID M
President and CFO
Transactions
- Award
Options
2008-02-08+150,000→ 225,000 totalExercise: $1.25Exp: 2015-02-08→ Common Stock (150,000 underlying) - Award
Options
2008-06-12+350,000→ 575,000 totalExercise: $1.40From: 2008-06-12Exp: 2015-06-12→ Common Stock (350,000 underlying) - Small Acquisition
Common Stock
2008-05-23$2.42/sh+35$85→ 85 total
Footnotes (1)
- [F1]On the date hereof, the Reporting Person directly beneficially owns 575,085 shares of common stock, par value $0.001 per share of Debt Resolve, Inc., consisting of: (a) 85 shares of common stock and (b) options to purchase 75,000 shares of common stock which are exercisable in three equal annual installments (the first installment became exercisable on April 27, 2008, and the next two installments become exercisable on April 27, 2009 and April 27, 2010), (c) options to purchase 150,000 shares of common stock which are exercisable in three installments (the first installment became exercisable on February 8, 2008, the second installment became exercisable on April 27, 2008 and the final installment becomes exercisable on April 27, 2009) and (d) options to purchase 350,000 shares of common stock which are exercisable as of June 12, 2008.