RDM SPORTS GROUP INC 4
4 · RDM SPORTS GROUP INC · Filed Aug 11, 1997
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (4)
- [1]DOES NOT INCLUDE 4,990,437 SHARES OF COMMON STOCK AND 1,750 CONVERTIBLE SUBORDINATED DEBENTURES OWNED BY EQUITEX, INC., A PUBLICLY-HELD BUSINESS DEVELOPMENT COMPANY UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMEMDED. REPORTING PERSON IS A DIRECTOR, OFFICER AND SIGNIFICANT SHAREHOLDER OF EQUITEX BUT HAS NO PECUNIARY INTEREST IN THE SECURITIES OF THIS ISSUER HELD BY EQUITEX.
- [2]GRANT OF COMMON STOCK PURSUANT TO AN EMPLOYMENT AGREEMENT WHICH REQUIRES REPORTING PERSON TO BE CONTINUOUSLY EMPLOYED BY THE ISSUER UNTIL 12/7/99, AT WHICH TIME SECURITIES WILL BE ISSUED.
- [3]VESTS 20 PERCENT PER YEAR BEGINNING DECEMBER 7, 1994.
- [4]REPORTING PERSON RESIGNED AS AN OFFICER AND DIRECTOR OF THE ISSUER ON JUNE 20, 1997, AND THEREFORE IS NO LONGER REQUIRED TO FILE UNDER SECTION 16. /S/ HENRY FONG AUGUST 11, 1997 - --------------------------------------------- ----------------------- **