Filing Details

Accession Number:
0001144204-13-042824
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-08-02 17:16:51
Reporting Period:
2013-07-31
Filing Date:
2013-08-02
Accepted Time:
2013-08-02 17:16:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1020475 Grandparents.com Inc. GPCM.OB Services-Computer Processing & Data Preparation (7374) 931211114
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1542703 E Steven Leber C/O Grandparents.com, Inc
589 Eighth Avenue, 6Th Floor
New York NY 10018
Co-Chief Executive Officer Yes Yes Yes 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 Disposition 2013-07-31 830,000 $0.00 53,057,491 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
Footnotes
  1. On July 31, 2013, GP.com Holding Company, LLC, a limited liability company of which the reporting person is a Managing Director and indirectly holds a membership interest ("GP.com LLC"), entered into an agreement with a third party (the "transferee") pursuant to which GP.com LLC transferred 830,000 shares of common stock of Grandparents.com, Inc. to the transferee in exchange for (i) the termination of a consulting agreement between GP.com LLC and the transferee; (ii) the termination of a warrant held by the transferee to purchase equity interests in GP.com LLC; and (iii) certain mutual releases between GP.com LLC and the third party.
  2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 of the Securities Exchange Act or 1934, as amended, or for any other purposes. See footnote 3 hereto.
  3. The reported securities are owned beneficially and of record by GP.com LLC.