Filing Details
- Accession Number:
- 0001140361-11-016492
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-14 20:05:14
- Reporting Period:
- 2011-03-10
- Filing Date:
- 2011-03-14
- Accepted Time:
- 2011-03-14 20:05:14
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 781891 | Lml Payment Systems Inc | LMLP | Services-Business Services, Nec (7389) | 980209289 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1205018 | R Richard Schulz | Suite 1680 1140 W. Pender St. Vancouver A1 V6E4G1 | Chief Accounting Officer | No | 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 | Acquisiton | 2011-03-10 | 7,650 | $3.62 | 7,650 | No | 4 | M | Direct | |
| Common | Disposition | 2011-03-10 | 7,650 | $5.13 | 0 | No | 4 | S | Direct | |
| Common | Acquisiton | 2011-03-11 | 17,350 | $3.62 | 17,350 | No | 4 | M | Direct | |
| Common | Acquisiton | 2011-03-11 | 23,250 | $1.62 | 40,600 | No | 4 | M | Direct | |
| Common | Disposition | 2011-03-11 | 40,600 | $5.06 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common | Incentive Stock options (right to buy) | Disposition | 2011-03-10 | 7,650 | $3.62 | 7,650 | $3.62 |
| Common | Incentive Stock options (right ot buy) | Disposition | 2011-03-11 | 17,350 | $3.62 | 17,350 | $3.62 |
| Common | Incentive Stock Options (right to buy) | Disposition | 2011-03-11 | 23,250 | $1.62 | 23,250 | $1.62 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 17,350 | 2006-08-30 | 2011-08-30 | No | 4 | M | Direct |
| 0 | 2006-08-30 | 2011-08-30 | No | 4 | M | Direct |
| 126,750 | 2010-08-18 | 2015-08-18 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common | Incentive Stock Options (right to buy) | $3.00 | 2008-03-31 | 2018-03-31 | 210,000 | 210,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2018-03-31 | 210,000 | 210,000 | Direct |
Footnotes
- This option was exercised and the underlying securities were sold pursuant to a 10b5-1 trading plan entered into March 9, 2011.
- The options are exercisable as to 37,500 options on August 18, 2010 and the remaining 112,500 options are exercisable as to an additional 18,750 options every six months thereafter.
- The options are exercisable as to 70,000 options on March 31, 2008 and the remaining 140,000 options exercisable as to 70,000 options on each of March 31, 2009 and March 31, 2010.
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