SEC Form 4 · accession 0001213900-16-017471
INTELLIGENT PROTECTION MANAGEMENT CORP. · IPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Silberstein
Director
Period of report
Oct 7, 2016
Accepted (ET)
Oct 12, 2016 · 4:23 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 | Oct 7, 2016 | A | 4,979,367 | — | A | 4,979,367 | D | |
| Common StockF2,F3 | Oct 7, 2016 | A | 1,483 | — | A | 1,483 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Received in exchange for 33,576.31 shares of the common stock of A.V.M. Software, Inc. ("AVM") 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 the 4,979,367 shares issued to the reporting person, 489,770 shares are currently being held in escrow pursuant to the Merger Agreement.
- F2Received in exchange for 10 shares of AVM pursuant to the Merger Agreement. Of the 1,483 shares issued to the reporting person, 146 shares are currently being held in escrow pursuant to the Merger Agreement.
- F3Represents shares held by the spouse of the reporting person. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Act of 1933, as amended, or for any other purpose.