Filing Details

Accession Number:
0001140361-11-022864
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-04-21 19:55:13
Reporting Period:
2011-04-20
Filing Date:
2011-04-21
Accepted Time:
2011-04-21 19:55:13
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
1349653 Sanjay Sabnani 20300 Ventura Blvd, Suite 330
Woodland Hills CA 91364
Ceo, President, Secretary 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 2011-04-20 5,000 $0.84 30,000 No 4 P Indirect Owned by Sabnani IRA
Common Stock Acquisiton 2011-04-21 10,200 $0.82 40,200 No 4 P Indirect Owned by Sabnani IRA
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Owned by Sabnani IRA
No 4 P Indirect Owned by Sabnani IRA
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 16,210,550 Indirect Owned by Typhoon Capital Consultants, LLC, owned by reporting person.
Common Stock 900,000 Indirect Owned by Sabnani Children Income Trust; reporting person's spouse is trustee.
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (Right to Buy) $1.49 2008-12-20 2013-06-20 400,000 400,000 Direct
Common Stock Stock Option (Right to Buy) $1.16 2011-09-21 2016-03-21 200,000 600,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2013-06-20 400,000 400,000 Direct
2016-03-21 200,000 600,000 Direct
Footnotes
  1. Reporting person's right to receive the Options vest over a four year period, with the first one-eighth of the total Options vesting on the six month anniversary of the grant date, and one-sixteenth of the total Options vesting every 90 days after that six month anniversary date (the date indicated above as the exercise date).