Home > Insider Trading > Filing (0001140361-11-057072)

Filing Details

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	2011-10-21	6,355	$0.25	57,555	No	4	P	Indirect	Owned by Sabnani IRA, owned by reporting person.
Common Stock	Acquisiton	2011-10-21	12,890	$0.25	70,445	No	4	P	Indirect	Owned by Sabnani IRA, owned by reporting person.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Owned by Sabnani IRA, owned by reporting person.
No	4	P	Indirect	Owned by Sabnani IRA, owned by reporting person.

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	2018-06-20	400,000	400,000	Direct
Common Stock	Stock Option (Right to Buy)	$1.16	2011-09-21	2021-03-21	200,000	600,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2018-06-20	400,000	400,000	Direct
2021-03-21	200,000	600,000	Direct

Footnotes

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, and 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).
Due to a typographical error, the amount of securities beneficially owned by Sabnani IRA after the transaction was originally reported as 87,555 shares of Common Stock. The correct amount of securities beneficially owned by Sabnani IRA after the transaction is 57,555 shares of Common Stock. All other transactions remain the same.
Due to a typographical error, the amount of securities beneficially owned by Sabnani IRA after the transaction was originally reported as 106,800 shares of Common Stock. The correct amount of securities beneficially owned by Sabnani IRA after the transaction is 70,445 shares of Common Stock. All other transactions remain the same.