SEC Form 4 · accession 0001214659-16-011700
Professional Diversity Network, Inc. · IPDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R Kirsch
Officer — Executive Chairman · Director · 10% Owner
Period of report
May 18, 2016
Accepted (ET)
May 19, 2016 · 7:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546296
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01F1 | May 18, 2016 | P | 10,000 | $0.53 | A | 1,129,966 | D | |
| Common Stock, par value $0.01F2 | holding | — | — | — | 1,000 | I | By daughter | |
| Common Stock, par value $0.01F3 | holding | — | — | — | 1,000 | I | By son | |
| Common Stock, par value $0.01F4 | holding | — | — | — | 1,000 | I | By daughter |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $0.50 to $0.53 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price.
- F2These shares are held by the reporting person's daughter who shares the same household as the reporting person.
- F3The reporting person has investment power over these securities which are held in an account for the reporting person's son.
- F4The reporting person has investment power over these securities which are held in an account for the reporting person's daughter.