Filing Details

Accession Number:
0001144204-13-043425
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-08-06 20:36:39
Reporting Period:
2013-08-03
Filing Date:
2013-08-06
Accepted Time:
2013-08-06 20:36:39
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1076682 Majesco Entertainment Co COOL Services-Prepackaged Software (7372) 061529524
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1396195 Allan Grafman 160 Raritan Center Parkway
Edison NJ 08837
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 Disposition 2013-03-15 4,000 $0.00 125,169 No 5 G Direct
Restricted Common Stock Acquisiton 2013-08-03 18,750 $0.00 143,919 No 4 A Direct
Common Stock Disposition 2013-08-05 19,672 $0.62 124,247 No 4 S Direct
Common Stock Acquisiton 2013-03-15 3,000 $0.00 3,000 No 5 G Indirect By children
Common Stock Acquisiton 2013-03-15 1,000 $0.00 1,000 No 5 G Indirect By reporting person as UGMA custodian for child
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Direct
No 4 A Direct
No 4 S Direct
No 5 G Indirect By children
No 5 G Indirect By reporting person as UGMA custodian for child
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options Acquisiton 2013-08-03 63,493 $0.64 63,493 $0.64
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
63,493 2020-08-03 No 4 A Direct
Footnotes
  1. This transaction involved a gift of securities by the reporting person of 1,000 shares of common stock of the issuer to each one of his four children, 1,000 of which were transferred to the reporting person as custodian for his minor son under the Uniform Gifts to Minors Act and the remaining 3,000 of which were transferred to accounts of his adult children over which the reporting person has power of attorney. The reporting person disclaims beneficial ownership of the shares held by his children, and this report should not be deemed an admission that the reporting person is the beneficial owner of any of his children's shares for the purposes of Section 16 or for any other purpose.
  2. Quarterly restricted stock grant pursuant to the issuer's director compensation policy that vests 180 days from the grant date.
  3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan.
  4. Annual option grant pursuant to the Issuer's director compensation policy, which options vest over a two-year period with one-half vesting on each of the first and second anniversaries of the date of issuance.