Home > Insider Trading > Filing (0001185185-16-005475)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
878802	Quadrant 4 System Corp	QFOR	Communications Equipment, Nec (3669)	650254624

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1347939	Dhru Desai	C/O Quadrant 4 System 1501 E. Woodfield Road, Suite 205 S. Schaumburg IL 60173	Chairman Of The Board And Cfo	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	Acquisiton	2010-05-20	1,000,000	$0.00	1,000,000	No	4	P	Direct
Common Stock	Acquisiton	2010-05-20	1,000,000	$0.00	1,000,000	No	4	P	Indirect	By Spouse
Common Stock	Acquisiton	2010-05-20	3,000,000	$0.00	3,000,000	No	4	P	Indirect	By Trust
Common Stock	Acquisiton	2010-05-20	750,000	$0.00	750,000	No	4	P	Indirect	By Corp.
Common Stock	Acquisiton	2014-01-13	4,246,916	$0.78	4,246,916	No	4	P	Indirect	By Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	By Spouse
No	4	P	Indirect	By Trust
No	4	P	Indirect	By Corp.
No	4	P	Indirect	By Trust

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrants (right to buy)	Acquisiton	2013-07-01	1,250,000	$0.00	1,250,000	$0.10
Common Stock	Warrants (right to buy)	Acquisiton	2015-10-09	1,153,847	$0.00	1,153,847	$0.01

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,250,000	2013-07-01	2018-07-01	No	4	A	Direct
1,153,847	2015-10-09	2020-10-08	No	4	A	Direct

Footnotes

Shares acquired by the reporting person pursuant to a Share Exchange Agreement between the Issuer and Stonegate Holdings, Inc. (no price indicated).
Shares acquired by a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Shares acquired by a trust for the benefit of the reporting person's children in a private transaction. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Shares acquired by the reporting person, indirectly via Congruent Ventures, a corporation of which the reporting person is the sole shareholder, pursuant to a Share Exchange Agreement between the Issuer and Stonegate Holdings, Inc. (no price indicated).
Grant in connection with service as a director of the Issuer.
Grant in connection with service as an executive officer of the Issuer.