Home > Insider Trading > Filing (0001144204-13-042824)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1020475	Grandparents.com Inc.	GPCM.OB	Services-Computer Processing & Data Preparation (7374)	931211114

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1542703	E Steven Leber	C/O Grandparents.com, Inc 589 Eighth Avenue, 6Th Floor New York NY 10018	Co-Chief Executive Officer	Yes	Yes	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	Disposition	2013-07-31	830,000	$0.00	53,057,491	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnote

Footnotes

On July 31, 2013, GP.com Holding Company, LLC, a limited liability company of which the reporting person is a Managing Director and indirectly holds a membership interest ("GP.com LLC"), entered into an agreement with a third party (the "transferee") pursuant to which GP.com LLC transferred 830,000 shares of common stock of Grandparents.com, Inc. to the transferee in exchange for (i) the termination of a consulting agreement between GP.com LLC and the transferee; (ii) the termination of a warrant held by the transferee to purchase equity interests in GP.com LLC; and (iii) certain mutual releases between GP.com LLC and the third party.
The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 of the Securities Exchange Act or 1934, as amended, or for any other purposes. See footnote 3 hereto.
The reported securities are owned beneficially and of record by GP.com LLC.