Home > Insider Trading > Filing (0001493152-14-002293)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1529133	Chatand Inc.	CHAA	Services-Prepackaged Software (7372)	272761655

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1449534	L Kenneth Londoner	244 5Th Avenue, Suite C68 New York NY 10001		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-02-10	2,052,366	$0.10	2,188,730	No	4	C	Indirect	Endicott Management Partners, LLC
Common Stock	Acquisiton	2014-02-10	977,272	$0.15	3,166,002	No	4	C	Indirect	Endicott Management Partners, LLC
Common Stock	Acquisiton	2014-02-10	98,310	$0.10	3,264,312	No	4	P	Indirect	Endicott Management Partners, LLC
Common Stock	Acquisiton	2014-02-10	2,223,250	$0.00	5,487,562	No	4	G	Indirect	Endicott Management Partners, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	Endicott Management Partners, LLC
No	4	C	Indirect	Endicott Management Partners, LLC
No	4	P	Indirect	Endicott Management Partners, LLC
No	4	G	Indirect	Endicott Management Partners, LLC

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	5% Senior Secured Convertible Note	Disposition	2014-02-10	1	$0.00	2,052,366	$0.10
Common Stock	Warrant to Purchase Shares of Common Stock	Disposition	2014-02-10	977,272	$0.00	977,272	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2011-06-17		No	4	C	Indirect
0	2011-06-17	2016-06-17	No	4	C	Indirect

Footnotes

The Reporting Person is a Principal of Endicott Management Partners, LLC ("Endicott"). The Reporting Person may be deemed to beneficially own the securities held by Endicott.
Represent conversion of a 5% Senior Secured Convertible Note (the "Note"), issued on June 17, 2011, into shares of common stock of chatAND, Inc. (the "Company"). The Note was issued in connection with the Company's private placement of up to $850,000 which closed on June 17, 2011 (the "2011 Financing"). In connection with the 2011 Financing, 977,272 warrants were issued to Endicott (the "Warrants"). The Note was initially due on June 17, 2012. Endicott agreed with the Company on various occasions to extend the due dates of the Note, the latest extension until November 14, 2013. The Company was subsequently in default under the Note. On February 10, 2014, the board of directors (the "Board") of the Company approved by unanimous written consent the conversion of the Warrants at no additional consideration in exchange for forgiveness of the default interest on the Note.
On February 10, 2014, the Chief Executive Officer of the Company gifted an aggregate of 10,954,537 shares of Common Stock to certain shareholders of the Company, including 2,223,250 shares to Endicott.