Filing Details
- Accession Number:
- 0001140361-10-002184
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-01-20 12:00:00
- Reporting Period:
- 2010-01-15
- Filing Date:
- 2010-01-20
- Accepted Time:
- 2010-01-20 16:25:56
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1367722 | Spicy Pickle Franchising Inc | SPKL | Retail-Eating Places (5812) | 383750924 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1383860 | Presley Reed | 90 Madison Street, #700 Denver CO 80206 | Yes | No | 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 | Acquisiton | 2010-01-15 | 3,500,000 | $0.13 | 23,972,504 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 1,146,408 | Indirect | Presley Reed 1999 Family Trust |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option | $0.20 | 2012-01-25 | 100,000 | 100,000 | Direct | |
| Common Stock | Warrants | $0.20 | 2014-09-22 | 900,000 | 900,000 | Direct | |
| Common Stock | Stock Options | $0.19 | 2008-11-24 | 2013-11-24 | 500,000 | 500,000 | Direct |
| Common Stock | Warrants | $0.19 | 2009-09-22 | 2014-09-22 | 6,153,840 | 6,153,840 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2012-01-25 | 100,000 | 100,000 | Direct |
| 2014-09-22 | 900,000 | 900,000 | Direct |
| 2013-11-24 | 500,000 | 500,000 | Direct |
| 2014-09-22 | 6,153,840 | 6,153,840 | Direct |
Footnotes
- The Reporting Person's wife is the beneficiary of the trust.
- On January 25, 2007 the Reporting Person was granted an incentive stock option under the Issuer's 2006 Option Plan to purchase 100,000 shares of common stock at an exercise price of $0.25 per share. The option is exercisable as to (i) 50,000 shares immediately upon date of grant; (ii) 25,000 on 1st anniversary of grant; and (iii) 25,000 on 2nd anniversary of date of grant.
- Acquired on December 14, 2007 in connection with the private placement financing transaction with the Issuer. The warrants are exercisable at any time. On September 22, 2009, the exercise price was lowered to $0.20 and the expiration date was extended to September 22, 2014.
Billionaire Hedge Funds
