Simerson Byron Keith 4
4 · Residential Income Properties, Inc. · Filed May 20, 2009
Insider Transaction Report
Form 4
Simerson Byron Keith
Other
Transactions
- Other
Common Stock, $0.0001 par value per share
2009-05-20+1,500,000→ 2,250,000 total
Footnotes (2)
- [F1]The Issuer is issuing the Reporting Person 1,500,000.0000 shares of its common stock in this transaction as partial, non-cash consideration for some of the services rendered to the Issuer by the Reporting Person to-date.
- [F2]For U. S. Internal Revenue Service taxation purposes, the Issuer values the stock issued to the Reporting Person in this transaction at par, or $150 in the aggregate.