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Home > Insider Trading > Filing (0001140361-10-039007)

Filing Details

Accession Number:: 0001140361-10-039007
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-09-29 20:36:12
Reporting Period:: 2010-09-27

Filing Date:: 2010-09-29
Accepted Time:: 2010-09-29 20:36:12
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1017655	Paid Inc	PAYD	Services-Business Services, Nec (7389)	731479833

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1081228	Richard Rotman	C/O Paid, Inc. 4 Brussels Street Worcester MA 01610	C00, Vp And Secretary	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-09-27	1,378,048	$0.04	8,781,342	No	4	X	Direct
Common Stock	Disposition	2010-09-27	194,484	$0.31	8,586,858	No	4	S	Direct
Common Stock	Disposition	2010-09-27	34,516	$0.32	8,552,342	No	4	S	Direct
Common Stock	Disposition	2010-09-27	25,000	$0.32	8,527,342	No	4	S	Direct
Common Stock	Disposition	2010-09-29	250,000	$0.33	8,277,342	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	X	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Disposition	2010-09-27	1,378,048	$0.00	1,378,048	$0.04

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
5,121,952	2003-04-11	2012-10-11	No	4	X	Direct

Footnotes

Reporting Person also owns options to purchase 2,500,000 shares of common stock at $.415 per shares subject to vesting requirements.