DEBT RESOLVE INC|4Feb 22, 6:06 PM ET

Denhart Douglas R 4

4 · DEBT RESOLVE INC · Filed Feb 22, 2012

Insider Transaction Report

Form 4

Period: 2009-12-14

DEBT RESOLVE INCDRSV

Denhart Douglas R

10% Owner

Transactions

Award
Warrants (Right to Buy)
2009-12-14+2,000,000→ 2,000,000 total
Exercise: $0.15From: 2009-12-14Exp: 2014-12-14→ Common Stock (2,000,000 underlying)
Disposition to Issuer
Warrants (Right to Buy) - Assignment
2010-07-28−200,000→ 1,450,000 total
Exercise: $0.15From: 2009-12-14Exp: 2014-12-14→ Common Stock (200,000 underlying)
Disposition to Issuer
Warrants (Right to Buy) - Assignment
2011-04-14−250,000→ 1,980,000 total(indirect: See footnote)
Exercise: $0.25From: 2010-08-12Exp: 2015-08-12→ Common Stock (250,000 underlying)
Other
Promissory Note (repayment)
2010-04-02−34,990
Other
Common Stock (conversion of accounts payable)
2010-08-03$0.15/sh+800,000$120,000→ 5,250,000 total(indirect: See footnote)
Sale
Common Stock
2010-08-03$0.15/sh−800,000$120,000→ 4,450,000 total(indirect: See footnote)
Disposition to Issuer
Warrants (Right to Buy) - Assignment
2010-05-28−100,000→ 1,650,000 total
Exercise: $0.15From: 2009-12-14Exp: 2014-02-14→ Common Stock (100,000 underlying)
Award
Warrants (Right to Buy) - Consulting
2010-08-11+500,000→ 1,950,000 total(indirect: See footnote)
Exercise: $0.25From: 2010-08-11Exp: 2015-08-11→ Common Stock (500,000 underlying)
Award
Warrants (Right to Buy) - Consulting
2010-08-12+2,075,000→ 4,025,000 total(indirect: See footnote)
Exercise: $0.25From: 2010-08-12Exp: 2015-08-12→ Common Stock (2,075,000 underlying)
Disposition to Issuer
Warrants (Right to Buy) - Assignment
2010-11-03−520,000→ 2,230,000 total(indirect: See footnote)
Exercise: $0.25From: 2010-08-12Exp: 2015-08-12→ Common Stock (520,000 underlying)
Disposition to Issuer
Warrants (Right to Buy) - Assignment
2010-05-17−250,000→ 1,750,000 total
Exercise: $0.15From: 2009-12-14Exp: 2014-12-14→ Common Stock (250,000 underlying)
Disposition to Issuer
Warrants (Right to Buy) - Assignment
2010-08-12−1,275,000→ 2,750,000 total(indirect: See footnote)
Exercise: $0.25From: 2010-08-12Exp: 2015-08-12→ Common Stock (1,275,000 underlying)

Footnotes (4)

[F1]$34,990 Promissory Note.
[F2]Indirect transactions represent conversion of accounts payable invoice of Douglas Holdings LLC in the amount of $120,000 to stock at $0.15; stock immediately sold to third party; Mr. Denhart is the managing member of Douglas Holdings LLC.
[F3]Indirect transactions are with Douglas Holdings LLC, of which Mr. Denhart is the managing member.
[F4]As of this date, Mr. Denhart?s position has fallen below the 10% threshold.

Documents

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issuerdirect_section16.xmlPrimary
PRIMARY DOCUMENT