SEC Form 4 · accession 0001213900-16-017461
INTELLIGENT PROTECTION MANAGEMENT CORP. · IPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lance Laifer
Director
Period of report
Oct 7, 2016
Accepted (ET)
Oct 12, 2016 · 4:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001355839
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | Oct 7, 2016 | A | 13,575,382 | — | A | 13,575,382 | I | See footnote |
| Common StockF2,F3 | Oct 7, 2016 | A | 507,000 | — | A | 507,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Received in exchange for 91,540 shares of the common stock of A.V.M. Software, Inc. ("AVM") owned by Hilltop Partners, L.P. pursuant to that certain Agreement and Plan of Merger dated as of September 13, 2016 by and among Snap Interactive, Inc. (the "Issuer"), SAVM Acquisition Corporation (a wholly-owned subsidiary of the Issuer), AVM, and Jason Katz as the representative of AVM (the "Merger Agreement"), of which 1,335,272 shares are currently being held in escrow pursuant to the Merger Agreement.
- F2Received in exchange for 3,418.74 shares of the common stock of AVM owned by Hilltop Offshore, Ltd. pursuant to the Merger Agreement, of which 49,867 shares are currently being held in escrow pursuant to the Merger Agreement.
- F3The Reporting Person, as sole director and principal stockholder of Laifer Capital Management, Inc. ("LCM"), is the beneficial owner of an aggregate of 14,082,382 shares of the common stock of the Issuer. LCM has the sole power (i) to vote and to direct the voting of and (ii) to dispose and to direct the disposition of, the shares of the Issuer's common stock beneficially owned by Hilltop Partners, L.P. (of which entity LCM serves as general partner and investment adviser) and Hilltop Offshore, Ltd. (of which entity LCM serves as investment adviser).