DEBT RESOLVE INC 5
5 · DEBT RESOLVE INC · Filed Feb 17, 2009
Insider Transaction Report
Form 5
BROFMAN CHARLES S
Director
Transactions
- Award
Options
2008-02-08+350,000→ 1,108,717 totalExercise: $1.25From: 2008-02-08Exp: 2011-02-08→ Common Stock (350,000 underlying)
Holdings
- 281,476
Common Stock
- 800,000(indirect: See footnote)
Common Stock
Footnotes (2)
- [F1]The Reporting Person has in indirect beneficial ownership of 800,000 shares held by Arisean Capital Ltd., a corporation controlled by the Reporting Person. The remaining 281,476 shares reported on this Form 5 are directly owned by the reporting person.
- [F2]On the date hereof, the Reporting Person directly beneficially owns 2,190,193 shares of common stock, par value $0.001 per share of Debt Resolve, Inc., consisting of: (a) 1,081,476 shares of common stock, (b) options to purchase 758,717 shares of common stock which are exercisable as of November 6, 2006, and (c) options to purchase 350,000 shares of common stock which are exercisable as of February 8, 2008.