Filing Details

Accession Number:
0001140361-10-002618
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-01-25 12:00:00
Reporting Period:
2010-01-21
Filing Date:
2010-01-25
Accepted Time:
2010-01-25 21:38:28
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
Cfo, Vp, And Secretary Yes Yes 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 Disposition 2010-01-21 125,000 $0.44 7,078,295 No 4 S Direct
Common Stock Acquisiton 2010-01-22 500,000 $0.04 7,578,294 No 4 X Direct
Common Stock Disposition 2010-01-25 105,120 $0.43 7,473,174 No 4 S Direct
Common Stock Disposition 2010-01-25 69,880 $0.42 7,403,294 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 X Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2010-01-22 500,000 $0.00 500,000 $0.04
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
8,500,000 2003-04-11 2012-10-11 No 4 X Direct
Footnotes
  1. Reporting Person also owns options to purchase 2,500,000 shares of common stock at $.415 per share subject to vesting requirements.