Filing Details

Accession Number:
0001140361-14-002036
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-01-14 13:27:24
Reporting Period:
2014-01-13
Filing Date:
2014-01-14
Accepted Time:
2014-01-14 13:27:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1328670 Crowdgather Inc. CRWG Services-Computer Processing & Data Preparation (7374) 202706319
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1524103 James Sacks 20300 Ventura Blvd.
Suite 330
Woodland Hills CA 91364
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 Acquisiton 2014-01-13 50,000 $0.07 335,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 120,000 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (Right to Buy) $1.27 2011-08-02 2021-02-02 200,000 200,000 Direct
Common Stock Stock Option (Right to Buy) $0.66 2012-02-01 2021-08-01 40,000 240,000 Direct
Common Stock Stock Option (Right to Buy) $0.12 2013-06-27 2022-12-27 100,000 340,000 Direct
Common Stock Stock Option (Right to Buy) $0.04 2013-11-30 2023-05-31 160,000 500,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-02-02 200,000 200,000 Direct
2021-08-01 40,000 240,000 Direct
2022-12-27 100,000 340,000 Direct
2023-05-31 160,000 500,000 Direct
Footnotes
  1. Restricted stock granted pursuant to 2008 Stock Option and Award Plan. Pursuant to the terms of the Plan, the shares will vest in equal amounts of 25% of the total amount per year beginning on October 2, 2014.
  2. Reporting person's right to receive Stock Options vest over a four year period, with the first one-eighth of the total Stock Options vesting on the six month anniversary of the grant date, one-sixteenth of the total Stock Options vesting every 90 days after that six month anniversary date (the date indicated above as the exercise date).