Bingham Bradly Matthew 4
4 · COCONNECT INC · Filed Nov 23, 2010
Insider Transaction Report
Form 4
COCONNECT INCkws$hza3
Bingham Bradly Matthew
DirectorChief Executive Officer
Transactions
- Other
Common Stock
2010-11-17+1,500,000,000→ 1,500,000,000 total(indirect: Security Agreement)
Footnotes (1)
- [F1]On November 17, 2010, CoConnect, Inc. (the "Company") issued its Chief Executive Officer, Brad M. Bingham, a convertible promissory note in the amount of $16,860 (the "Note"). In connection with the Note, the Company entered into a security agreement (the "Security Agreement") with Mr. Bingham. Pursuant to the terms of the Note and Security Agreement, Mr. Bingham was issued 1,500,000,000 shares of the Company's Common Stock (the "Security Shares" which are the subject of this Form 4) which are to be held as security and collateral against either the repayment or conversion of the Note. The complete terms and conditions of the Note and Security Agreement can be reviewed in the Company's Form 10-Q for the period ending September 30, 2010 filed with the United States Securities and Exchange Commission (www.sec.gov) on November 18, 2010.