Filing Details

Accession Number:
0001181431-11-050501
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-09-27 13:00:30
Reporting Period:
2011-08-31
Filing Date:
2011-09-27
Accepted Time:
2011-09-27 13:00:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
796655 Ants Software Inc ANTS.OB Services-Computer Programming Services (7371) 133054685
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1345311 Constantin Zdarsky C/O M. Timothy Hanlon, Esq.
P.o. Box 431
Palm Beach FL 33480-0431
No 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 2011-08-03 1,600,000 $0.10 11,415,700 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Common stock purchase warrants Acquisiton 2011-08-03 1,600,000 $0.12 1,600,000 $0.12
Common Stock Option to acquire common stock Acquisiton 2011-08-03 3,400,000 $0.10 3,400,000 $0.10
Common Stock Option to acquire common stock purchase warrants Acquisiton 2011-08-03 3,400,000 $0.00 3,400,000 $0.12
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,600,000 2011-08-03 2013-08-03 No 4 A Direct
3,400,000 2011-08-03 2011-09-30 No 4 A Direct
3,400,000 2011-08-03 2011-09-30 No 4 A Direct
Footnotes
  1. On August 3, 2011, Mr. Zdarsky purchased 1,600,000 shares of the Company's common stock, and, in connection with such purchase, the Company issued to Mr. Zdarsky common stock purchase warrants that entitle him to purchase 1,600,000 shares of common stock at a price of $0.12 per share at any time prior to August 3, 2013.
  2. On August 3, 2011, the Company granted Mr. Zdarsky the option to purchase up to 3,400,000 shares of common stock at a price of $0.10 per share. This option expires on September 30, 2011. For each share purchased by Mr. Zdarsky pursuant to the option, the Company will also issue him a common stock purchase warrant that entitles him to purchase one share of common stock for $0.12 per share. If the common stock purchase warrants are issued by the Company, they will expire on September 30, 2013.