0001140361-11-053802.txt : 20111116
0001140361-11-053802.hdr.sgml : 20111116
20111116074802
ACCESSION NUMBER: 0001140361-11-053802
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111110
FILED AS OF DATE: 20111116
DATE AS OF CHANGE: 20111116
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ROTMAN GREGORY
CENTRAL INDEX KEY: 0001081226
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-28720
FILM NUMBER: 111208723
MAIL ADDRESS:
STREET 1: C/O PAID INC
STREET 2: 4 BRUSSELS STREET
CITY: WORCESTER
STATE: MA
ZIP: 01610
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PAID INC
CENTRAL INDEX KEY: 0001017655
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 731479833
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4 BRUSSELS STREET
STREET 2: SUITE 220
CITY: WORCESTER
STATE: MA
ZIP: 01610
BUSINESS PHONE: 5166254040
MAIL ADDRESS:
STREET 1: 7633 EAST 63RD PL
STREET 2: SUITE 220
CITY: TULSA
STATE: OK
ZIP: 74133
FORMER COMPANY:
FORMER CONFORMED NAME: SALES ONLINE DIRECT INC
DATE OF NAME CHANGE: 19990525
FORMER COMPANY:
FORMER CONFORMED NAME: SECURITIES RESOLUTION ADVISORS INC
DATE OF NAME CHANGE: 19980814
FORMER COMPANY:
FORMER CONFORMED NAME: ROSE INTERNATIONAL LTD
DATE OF NAME CHANGE: 19960627
4/A
1
doc1.xml
FORM 4/A
X0304
4/A
2011-11-10
2011-11-15
0
0001017655
PAID INC
PAYD
0001081226
ROTMAN GREGORY
C/O PAID, INC.
4 BRUSSELS STREET
WORCESTER
MA
01610
1
1
0
0
President
Common Stock
2011-11-10
4
M
0
1750000
.041
A
3939633
D
Stock Option (Right to Buy)
.041
2011-11-10
4
M
0
1750000
0
D
2003-04-11
2012-10-12
Common Stock
1750000
0
D
Stock Option (Right to Buy)(Common Stock)
.415
2011-11-10
4
D
0
2500000
0
D
2012-01-10
2018-01-10
Common Stock
2500000
0
D
Stock Option (Right to Buy)
.145
2011-11-10
4
A
0
2500000
0
A
2012-01-10
2018-01-10
Common Stock
2500000
2500000
D
Stock Option (Right to Buy)
.145
2011-11-10
4
A
0
2500000
0
A
2011-11-15
2021-11-15
Common Stock
2500000
5000000
D
Reporting Person also holds 240,000 shares indirectly through his sons.
The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was orignally granted on January 10, 2008 and povided for cliff vesting as of January 10, 2012.
Options vest over a two year period.
Amendment filed to include the additional grant of 2,500,000 shares, which was inadvertantly missing from the prior filing.
/s/ Gregory Rotman
2011-11-15