Filing Details

Accession Number:
0001140361-11-047158
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-09-28 16:18:16
Reporting Period:
2011-09-26
Filing Date:
2011-09-28
Accepted Time:
2011-09-28 16:18:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1017655 Paid Inc PAYD Services-Business Services, Nec (7389) 731479833
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1081226 Gregory Rotman C/O Paid, Inc.
4 Brussels Street
Worcester MA 01610
President Yes Yes 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 2011-09-26 1,000,000 $0.04 3,998,633 No 4 X Direct
Common Stock Disposition 2011-09-26 1,500,000 $0.19 2,498,633 No 4 S Direct
Common Stock Disposition 2011-09-26 225,000 $0.21 2,273,633 No 4 S Direct
Common Stock Disposition 2011-09-28 84,000 $0.00 2,189,633 No 4 G Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Direct
No 4 S Direct
No 4 S Direct
No 4 G Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2011-09-26 1,000,000 $0.00 1,000,000 $0.04
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,750,000 2003-04-11 2012-10-12 No 4 X Direct
Footnotes
  1. Reporting Person also holds 240,000 shares indirectly through his sons.
  2. Reporting Person also owns options to purchase 2,500,000 shares of Common Stock at $.415 per share subject to vesting requirements.