MONTGOMERY KEN 4
4 · DEBT RESOLVE INC · Filed Oct 19, 2011
Insider Transaction Report
Form 4
DEBT RESOLVE INCDRSV
MONTGOMERY KEN
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2009-08-27$0.15/sh+3,066,716$460,007→ 3,702,764 total - Award
Common Stock
2009-08-07$0.19/sh+500,000$95,000→ 636,048 total
Footnotes (2)
- [F1]These shares were granted at a Board meeting held on August 7, 2009 as compensation for Board service for 2008 and 2009.
- [F2]Effective August 27, 2009, Mr. Montgomery agreed to convert $158,202 of principal, $24,493 of accrued interest and $277,313 of accrued payroll to stock at a conversion rate of $0.15 per share, resulting in 3,066,716 shares being issued.