Home > Insider Trading > Filing (0001571049-15-010359)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1309442	Inspro Technologies Corp	ITCC.OB	Services-Prepackaged Software (7372)	980438502

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1211700	R Donald Caldwell	150 N. Radnor-Chester Road Suite B-101 Radnor PA 19087	Principal Executive Officer	Yes	Yes	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, Par Value $0.001 Per Share	Disposition	2015-12-18	397,086	$0.05	511,096	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, Par Value $0.001 Per Share	114,010	Direct
Common Stock, Par Value $0.001 Per Share	85,688,674	Indirect	See Footnote

Footnotes

Includes 10,298,080 shares underlying warrants to purchase Common Stock. Includes 25,000,000 shares underlying 1,250,000 shares of Series A Convertible Preferred Stock, which are convertible, at the sole option of the holder, into 20 shares of Common Stock. Includes 37,743,720 shares of Common Stock underlying 1,887,186 shares of Series B Convertible Preferred Stock, which are convertible, at the sole option of the holder, into 20 shares of Common Stock. Also includes 1,200,000 shares underlying warrants to purchase 60,000 shares of Series B Convertible Preferred Stock, which are convertible, at the sole option of the holder, into 20 shares of Common Stock.
Represents securities owned by The Co-Investment Fund II, L.P., the designee of Cross Atlantic Capital Partners, Inc., of which Donald R. Caldwell is managing partner. Mr. Caldwell is also a shareholder, director and officer of Co-Invest II Capital Partners, Inc., which is the general partner of Co-Invest Management II, L.P., which is the general partner of The Co-Investment Fund II, L.P. Mr. Caldwell disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and the inclusion of these shares in the report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 for any other purpose.