Filing Details

Accession Number:
0001140361-11-037527
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-20 16:28:51
Reporting Period:
2011-07-12
Filing Date:
2011-07-20
Accepted Time:
2011-07-20 16:28:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1082278 Environmental Solutions Worldwide Inc ESWW Motor Vehicle Parts & Accessories (3714) 134172059
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
904290 S Richard Ressler C/O Cim Group
6922 Hollywood Boulevard
Los Angeles CA 90028
No No No Yes
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 2011-07-12 701,040 $0.12 1,789,135 No 4 C Direct
Common Stock Acquisiton 2011-07-12 345,032 $0.12 2,134,167 No 4 P Direct
Common Stock Acquisiton 2011-07-12 5,484,196 $0.12 8,238,039 No 4 C Direct
Common Stock Acquisiton 2011-07-12 2,699,181 $0.12 10,937,219 No 4 P Direct
Common Stock Acquisiton 2011-07-12 6,333,333 $0.00 17,270,553 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 P Direct
No 4 C Direct
No 4 P Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock 10% Unsecured Subordinated Promissory Note Disposition 2011-07-12 701,040 $0.00 701,040 $0.12
Common Stock 10% Unsecured Subordinated Promissory Note Disposition 2011-07-12 5,484,196 $0.00 5,484,196 $0.12
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2011-07-15 2011-07-15 No 4 C Direct
0 2011-07-15 2011-07-15 No 4 C Direct
Footnotes
  1. The securities reported herein were acquired by the Reporting Persons on July 12, 2011, but are deemed effective as of June 30, 2011.
  2. These securities are directly beneficially owned by Richard Ressler.
  3. These securities are directly beneficially owned by Orchard Investments, LLC ("Orchard"). Richard Ressler is the President of the Manager of Orchard, Orchard Capital Corporation.
  4. Pursuant to certain rights granted to Orchard in connection with a securities subscription agreement entered into between the Company and Orchard on or about March 23, 2010, Orchard was entitled to receive an additional 6,333,333 shares of Common Stock in the event a Qualified Offering (as defined therein) closes.
  5. Each 10% Unsecured Subordinated Promissory Note (each, a "Note") was (a) subject to an interest rate of 10% per annum, payable in-kind on a monthly basis and (b) was exchanged for shares of common stock of the Company, par value $0.001 per share ("Common Stock") in connection with the Company's previously announced rights offering, which closed on June 30, 2011, and the transactions contemplated by the Investment Agreement as set forth on the Company's Form 8-K filed on May 10, 2011. Accrued and unpaid interest on the Notes was also convertible into shares of Common Stock, par value $.001 per share, at the same conversion price and upon the same terms as the principal amount of the Notes and is included in the amount of Notes disposed of.