CVSL INC. 4
4 · CVSL INC. · Filed Oct 13, 2015
Insider Transaction Report
Form 4
CVSL INC.CVSL
ROCHON WILLIAM JOHN PHILIP
Director10% Owner
Transactions
- Gift
Common Stock
2015-07-17+75,822→ 115,062 total(indirect: By Trust) - Gift
Common Stock
2015-07-17−39,240→ 5,648,260 total - Gift
Common Stock
2015-07-17+39,240→ 39,240 total(indirect: By Trust)
Footnotes (3)
- [F1]This transaction involved a gift of an aggregate of 39,240 shares of CVSL, Inc. common stock, par value $0.0001 per share (the "Common Stock") by the reporting person to trusts for the benefit of his three children (the "Trusts") with 13,080 shares gifted to each Trust. The reporting person is the sole trustee of the Trusts and, therefore, is deemed to indirectly beneficially own such shares.
- [F2]Includes (i) 1,236,920 shares of Common Stock held directly by the reporting person; (ii) 1,237,500 shares of Common Stock held by The William John Philip Rochon 2010 Dynasty Trust, of which the reporting person is the sole trustee; and (iii) 3,200,000 shares of Common Stock held by Richmont Capital Partners V LP, of which Richmont Street, LLC is its Managing General Partner, an entity controlled by the reporting person, which shares are also separately reported as beneficially owned by Richmont Capital Partners V LP.
- [F3]This transaction involved a gift of an eggregate of 75,822 shares of Common Stock to the Trusts by Rochon Capital Partners Ltd. The reporting person is the sole trustee of the Trusts and, therefore, is deemed to indirectly beneficially own such shares.