Filing Details

Accession Number:
0001209191-12-012132
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-22 16:19:42
Reporting Period:
2012-02-17
Filing Date:
2012-02-22
Accepted Time:
2012-02-22 16:19:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
876378 Safestitch Medical Inc. SFES Blank Checks (6770) 112962080
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1410620 G Jeffrey Spragens 4400 Biscayne Blvd
Miami FL 33137
President And Ceo 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 2012-02-17 250,000 $0.40 2,125,147 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 562,818 Indirect Held by Joy Fowler Spragens Family Trust
Common Stock 571,015 Indirect Held by RSLS Investments LLC
Footnotes
  1. The Joy Fowler Spragens Trust is an irrevocable trust established by Mr. Spragens' spouse for the benefit of her descendants and relatives who are unrelated to Mr. Spragens. Mr. Spragens disclaims any beneficial ownership of these shares.
  2. RSLS Investments LLC is 100% owned by Mr. Spragens' adult children. Although Mr. Spragens is the manager of RSLS Investments LLC, he disclaims any beneficial ownership of these shares.