RITZ DANIEL LEE JR 4
4 · RUSHMORE FINANCIAL GROUP INC · Filed Aug 22, 2003
Insider Transaction Report
Form 4
RITZ DANIEL LEE JR
Director
Transactions
- Sale
Common Stock
2002-12-05$27500.00/sh−50,000$1,375,000,000→ 53,300 total(indirect: By CCM) - Purchase
Warrants
2002-11-16$0.15/sh+1$0→ 500,000 total(indirect: By ICM)Exercise: $0.15From: 2002-11-16Exp: 2006-08-31→ Common Stock (500,000 underlying) - Purchase
Common Stock
2002-12-19$0.13/sh+1,000$130→ 54,300 total(indirect: By CCM) - Purchase
Common Stock
2003-01-24$0.13/sh+1,000$130→ 55,300 total(indirect: By CCM) - Purchase
Non-Negotiable 7% Equity Attached Promissory Note
2002-11-11+1→ 433,333 total(indirect: By ICM)Exercise: $0.15From: 2002-11-11Exp: 2003-05-11→ Common Stock (433,333 underlying)
Holdings
- 38,500
Common Stock
Footnotes (5)
- [F1]The consideration paid for these shares consisted of 50,000 shares of common stock of Community Capital Markets, Inc. a Texas corporation ("CCM"), with an aggregate value of $2,500, and $25,000.
- [F2]The shares are held of record by CCM, of which the reporting person is a controlling shareholder.
- [F3]The promissory note is held of record by Institutional Capital Management, Inc., a Texas corporation ("ICM") of which the reporting person is a controlling shareholder.
- [F4]The warrants are held of record by ICM.
- [F5]The promissory note was in the amount of $120,000.