Residential Income Properties, Inc. 4
4 · Residential Income Properties, Inc. · Filed May 20, 2009
Insider Transaction Report
Form 4
Marine Associates
Other
Transactions
- Other
Common Stock, $0.0001 par value per share
2009-05-20+500,000→ 1,250,000 total
Footnotes (2)
- [F1]The Issuer issued 500,000.0000 additional shares of its common stock to the Reporting Person as additional non-cash compensation for services rendered to the Issuer by the Reporting Person to-date.
- [F2]For U. S. Internal Revenue Service taxation purposes, the Issuer issued its stock to the Reporting Person in this reported transaction at par, or $50 in the aggregate.