BREWER DAVID A 4
4 · NOTIFY TECHNOLOGY CORP · Filed Feb 3, 2011
Insider Transaction Report
Form 4
BREWER DAVID A
Director10% Owner
Transactions
- Other
Common Stock
2011-01-31$0.20/sh+1,160,600$232,120→ 7,991,600 total(indirect: By LLC)
Footnotes (3)
- [F1]All of these shares were originally purchased for cash in 2000 by David A. Brewer Trust, a living trust owned by David A. Brewer. The shares were sold in 2007 in exchange for a promissory note. Because the note was not paid when due, the shares have been foreclosed and recovered by David A. Brewer Trust, the original owner and seller.
- [F2]Shares beneficially owned: 1,161,600 shares of Common Stock owned by David A. Brewer Trust 6,650,000 shares of Common Stock owned by 21X Investments LLC 180,000 options for the purchase of a like number of shares of Common Stock issued to David A. Brewer in return for past services as a Director ------------- 7,991,600 Total shares and options
- [F3]The 6,650,000 shares indirectly owned (which are directly owned by 21X Investments LLC, which is 100% owned by David A. Brewer Trust) are also included above in Footnote 2.