4//SEC Filing
CVSL INC. 4
Accession 0001628280-15-007650
CIK 0001403085operating
Filed
Oct 12, 8:00 PM ET
Accepted
Oct 13, 1:00 PM ET
Size
10.4 KB
Accession
0001628280-15-007650
Insider Transaction Report
Form 4
CVSL INC.CVSL
John Rochon Management, Inc.
Director10% Owner
Transactions
- Gift
Common Stock
2015-07-17−125,369→ 12,515,000 total
ROCHON JOHN P
DirectorChief Executive Officer10% Owner
Transactions
- Gift
Common Stock
2015-07-17−125,369→ 12,515,000 total
Rochon Capital Partners Ltd
Director10% Owner
Transactions
- Gift
Common Stock
2015-07-17−125,369→ 12,515,000 total
Footnotes (3)
- [F1]This transaction involved a gift of an aggregate of 125,369 shares of CVSL, Inc. common stock, par value $0.0001 per share (the "Common Stock") by Rochon Capital Partners Ltd. ("Rochon Capital") to five trusts for the benefit of John P. Rochon's grandchildren (the "Trusts").
- [F2]In addition to the reported shares, which are owned directly by Rochon Capital, John Rochon Management, Inc. ("JRM") directly owns 37,500 shares of Common Stock. Also, pursuant to a voting agreement between Rochon Capital and The Tamala L. Lonaberger Revocable Trust, Rochon Capital has the right, until March 18, 2018, to vote all of the shares held by The Tamala L. Longaberger Revocable Trust. As of the date of this report, The Tamala L. Longaberger Revocable Trust owns 1,625,000 shares of Common Stock. These shares are not included in the shares of Common Stock included in this report.
- [F3]As the sole shareholder of JRM, Mr. Rochon may be deemed to have indirect beneficial ownership of the 37,500 shares owned by JRM; and because of JRM's control as the sole general partner of Rochon Capital, Mr. Rochon and JRM may be deemed to have indirect beneficial ownership of all of the shares of Common Stock held by Rochon Capital. Also, as previously disclosed in filings with the Securities and Exchange Commission, Rochon Capital, JRM, Mr. Rochon, and Russell Mack may collectively be deemed a "group" with respect to the acquisition of certain shares of Common Stock. As such, Rochon Capital, JRM, and Mr. Rochon may be deemed to indirectly beneficially own the 150,000 shares held directly by Mr. Mack.
Documents
Issuer
CVSL INC.
CIK 0001403085
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0001403085
Filing Metadata
- Form type
- 4
- Filed
- Oct 12, 8:00 PM ET
- Accepted
- Oct 13, 1:00 PM ET
- Size
- 10.4 KB