Filing Details
- Accession Number:
- 0001065949-15-000151
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-06-15 18:17:34
- Reporting Period:
- 2015-06-12
- Filing Date:
- 2015-06-15
- Accepted Time:
- 2015-06-15 18:17:34
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1328670 | Crowdgather Inc. | CRWG | Services-Computer Processing & Data Preparation (7374) | 202706319 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1349653 | Sanjay Sabnani | 20300 Ventura Blvd., Suite 330 Woodland Hills CA 91364 | Ceo, President And Secretary | 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 | Acquisiton | 2015-06-12 | 40,000 | $0.08 | 74,998 | No | 4 | P | Direct | |
| Common Stock | Disposition | 2015-06-12 | 40,000 | $0.08 | 351,945 | No | 4 | S | Indirect | Owned by Sabnani IRA, owned by Reporting Person |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | S | Indirect | Owned by Sabnani IRA, owned by Reporting Person |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 250,000 | Direct | |
| Common Stock | 16,210,550 | Indirect | Owned by Typhoon Consultants, LLC, owned by Reporting Person |
| Common Stock | 900,000 | Indirect | Owned by Sabnani Children Income Trust; Reporting Person's spouse is trustee |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | $1.49 | 2008-12-20 | 2018-06-20 | 400,000 | 400,000 | Direct |
| Common Stock | Stock Option (Right to Buy) | $1.16 | 2011-09-21 | 2021-03-21 | 200,000 | 600,000 | Direct |
| Common Stock | Stock Option (Right to Buy) | $0.04 | 2013-11-30 | 2023-05-31 | 500,000 | 1,100,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2018-06-20 | 400,000 | 400,000 | Direct |
| 2021-03-21 | 200,000 | 600,000 | Direct |
| 2023-05-31 | 500,000 | 1,100,000 | Direct |
Footnotes
- Restricted stock granted pursuant to 2008 Stock Option and Award Plan. Pursuant to the terms of the Plan, the shares will vest in equal amount of 25% of the total amount per year beginning on October 2, 2014.
- Reporting Person's right to receive Stock Options vest over a four year period, with the first one-eighth of the total Stock Options vesting on the six month anniversary of the grant date, one-sixteenth of the total Stock Options vesting every 90 days after that six month anniversary date (the date indicated above as the exercise date).
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