Home > Insider Trading > Filing (0001354488-10-002217)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1175445	Hawk Systems Inc.	HWSY	Services-Miscellaneous Amusement & Recreation (7990)	651089222

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1483338	David Coriaty	2385 Nw Executive Center Drive Suite 100 Boca Raton FL 33431		Yes	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	2010-04-08	5,787,334	$0.00	5,787,334	No	4	C	Direct
Common Stock	Acquisiton	2010-04-08	200,000	$0.00	200,000	No	4	C	Indirect	By Wife
Common Stock	Disposition	2010-05-25	10,000	$0.00	5,777,334	No	5	G	Direct
Common Stock	Disposition	2010-05-25	30,000	$0.00	5,747,334	No	5	G	Direct
Common Stock	Disposition	2010-05-25	25,000	$0.00	5,722,334	No	5	G	Direct
Common Stock	Disposition	2010-05-25	214,285	$0.00	5,508,049	No	5	G	Direct
Common Stock	Disposition	2010-05-25	2,000,000	$0.00	3,508,049	No	5	G	Direct
Common Stock	Disposition	2010-05-25	120,000	$0.00	3,388,049	No	5	G	Direct
Common Stock	Disposition	2010-06-15	2,750,000	$0.14	638,049	No	4	S	Direct
Common Stock	Acquisiton	2010-07-08	8,843,427	$0.00	9,481,476	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	C	Indirect	By Wife
No	5	G	Direct
No	5	G	Direct
No	5	G	Direct
No	5	G	Direct
No	5	G	Direct
No	5	G	Direct
No	4	S	Direct
No	4	A	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series B Preferred Stock	Disposition	2009-03-16	220	$50.00	22,000	$0.00
Common Stock	Series B Preferred Stock	Disposition	2009-09-08	1,500	$100.00	150,000	$0.00
Common Stock	Series B Preferred Stock	Disposition	2009-09-08	500	$100.00	50,000	$0.00
Common Stock	Series B Preferred Stock	Disposition	2009-09-08	400	$100.00	40,000	$0.00
Common Stock	Series B Preferred Stock	Disposition	2009-09-08	500	$100.00	50,000	$0.00
Common Stock	Series B Preferred Stock	Disposition	2009-09-08	750	$100.00	75,000	$0.00
Common Stock	Series B Preferred Stock	Disposition	2009-09-08	200	$100.00	20,000	$0.00
Common Stock	Series B Preferred Stock	Disposition	2009-11-14	240	$50.00	24,000	$0.00
Common Stock	Series B Preferred Stock	Disposition	2009-12-17	1,667	$30.00	166,666	$0.00
Common Stock	Series B Preferred Stock	Disposition	2010-03-10	800	$50.00	80,000	$0.00
Common Stock	Series B Preferred Stock	Disposition	2010-04-06	2,240	$0.00	224,000	$0.00
Common Stock	Series B Preferred Stock	Disposition	2010-04-08	57,873	$0.00	5,787,334	$0.00
Common Stock	Series B Preferred Stock	Disposition	2010-04-08	2,000	$0.00	200,000	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
66,670	No	4	S	Direct
65,170	No	4	S	Direct
64,670	No	4	S	Direct
64,270	No	4	S	Direct
63,770	No	4	S	Direct
63,020	No	4	S	Direct
62,820	No	4	S	Direct
62,580	No	4	S	Direct
60,913	No	4	S	Direct
60,113	No	4	S	Direct
57,873	No	4	S	Direct
0	No	4	C	Direct
0	No	4	C	Indirect

Footnotes

Each share of Series B Preferred Stock is convertible at any time into 100 shares of the Issuer's common stock, par value $.01 per share ("Common Stock") and has no expiration date.
The Series B Preferred Stock automatically converted into the Issuer?s Common Stock on a 100-for-1 basis on the date immediately after the Issuer effected a 1-for-6 reverse split of its Common Stock.
The Shares of the Issuer's Series B Preferred Stock were transferred to the Issuer for cancellation by the Reporting Person for no consideration.
The shares of Common Stock were issued to the Reporting Person in lieu of compensation in the aggregate amount of approximately $439,900 owed to him under his employment agreement through May 31, 2010, as well as for the conversion of outstanding promissory notes and other debt obligations owed to him by the Issuer in the aggregate amount of $446,176, including accrued interest.