Borderfree, Inc. 4
4 · Borderfree, Inc. · Filed Nov 12, 2014
Insider Transaction Report
Form 4
Borderfree, Inc.BRDR
DeSimone Michael A.
DirectorChief Executive Officer
Transactions
- Gift
Common Stock
2014-11-07−50,000→ 959,108 total - Gift
Common Stock
2014-11-07+50,000→ 50,000 total(indirect: See footnote (1))
Footnotes (1)
- [F1]Represents shares of the Issuer transferred by the Reporting Person to an irrevocable family trust by gift, of which the spouse of the Reporting Person serves as a trustee and one or more immediate family members of the Reporting Person are the beneficiaries. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by the trust and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such shares held by such trust, except to the extent of his pecuniary interest, if any, in the shares held by such trust.