RAINEY DAVID M 4
4 · DEBT RESOLVE INC · Filed Oct 19, 2011
Insider Transaction Report
Form 4
DEBT RESOLVE INCDRSV
RAINEY DAVID M
President and CFO
Transactions
- Purchase
Common Stock
2011-03-24$0.09/sh+13,500$1,256→ 346,919 total - Award
Officer Stock Options (Right to Buy)
2010-04-08+1,000,000→ 2,575,000 totalExercise: $0.17From: 2010-04-08Exp: 2017-04-08→ Common Stock (1,000,000 underlying) - Award
Warrants (Right to Buy)
2011-01-24+60,000→ 2,635,000 totalExercise: $0.25From: 2011-01-24Exp: 2016-01-24→ Common Stock (60,000 underlying) - Award
Officer Stock Options (Right to Buy)
2011-06-01+1,500,000→ 4,135,000 totalExercise: $0.06From: 2011-06-01Exp: 2018-06-01→ Common Stock (1,500,000 underlying)
Footnotes (1)
- [F1]On January 24, 2011, the reporting person loaned the company $6,000 on a 6-month loan. The reporting person received 60,000 warrants with an exercise price of $0.25 and a five year exercise period for making the loan.