Filing Details
- Accession Number:
- 0001144204-13-002262
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-01-14 17:15:02
- Reporting Period:
- 2012-12-28
- Filing Date:
- 2013-01-14
- Accepted Time:
- 2013-01-14 17:15:02
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1507986 | Universal Business Payment Solutions Acquisition Corp | UBPS | Blank Checks (6770) | 900632274 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1521605 | M Jonathan Lubert | Radnor Financial Center 150 North Radnor-Chester Road, Ste F-200 Radnor PA 19087 | Yes | No | 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 | Disposition | 2012-12-28 | 79,929 | $0.01 | 110,071 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.001 | Acquisiton | 2012-12-28 | 53,333 | $0.00 | 163,404 | No | 5 | D | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 5 | D | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Call Options (obligation to sell) | Disposition | 2012-12-28 | 2 | $0.00 | 26,828 | $0.01 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2 | 2012-12-28 | 2017-12-27 | No | 4 | S | Direct |
Footnotes
- Pursuant to the approval of the "Warrant Proposal" (more fully described in the Definitive Proxy Statement on Schedule 14A filed by the Issuer on November 13, 2012) by a majority of the issued and outstanding warrants of the Issuer at a special meeting of the warrantholders on December 11, 2012, on December 28, 2012, the Issuer agreed to exchange each issued and outstanding warrant for .1333 shares of common stock of the Issuer.
Billionaire Hedge Funds
