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