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Home > Insider Trading > Filing (0001144204-10-048054)

Filing Details

Accession Number:: 0001144204-10-048054
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-09-02 21:40:18
Reporting Period:: 2010-09-01

Filing Date:: 2010-09-02
Accepted Time:: 2010-09-02 21:40:18
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1190370	Innovative Designs Inc	IVDN	Miscellaneous Fabricated Textile Products (2390)	030465528

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1270232	Joseph Riccelli	223 North Main Street Suite 1 Pittsburgh PA 15215	Ceo / Cfo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2010-09-01	200	$0.26	0	No	4	S	Direct
Common Stock	Disposition	2010-09-01	10,000	$0.26	0	No	4	S	Direct
Common Stock	Disposition	2010-09-01	7,000	$0.25	0	No	4	S	Direct
Common Stock	Disposition	2010-09-02	46,448	$0.25	9,305,352	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	561,000	Indirect	See Footnote
Common Stock	240,000	Indirect	N/A

Footnotes

The Reporting Person intends to use the net proceeds after taxes from the sale of the shares to loan funds to the Company.
Reporting Person is the trustee for two trusts for the benefit of his sons totaling 561,000 shares and 240,000 shares each..