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Share Name | Share Symbol | Market | Type |
---|---|---|---|
BigString Corporation (CE) | USOTC:BSGC | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 01:00:00 |
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
|
OMB APPROVAL
OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5 |
|
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person
*
Myman Darin M |
2. Issuer Name
and
Ticker or Trading Symbol
BigString CORP [ BSGC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__ X __ Director _____ 10% Owner __ X __ Officer (give title below) _____ Other (specify below) President and CEO |
C/O BIGSTRING CORPORATION, 157 BROAD STREET, SUITE 109 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
|
|
RED BANK, NJ 07701 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
||||||||||
1.Title of Security
(Instr. 3) |
2. Trans. Date | 2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common stock, par value $.0001 per share | 8000000 | D | ||||||||
Common stock, par value $.0001 per share | 100000 | I (1) | By spouse | |||||||
Common stock, par value $.0001 per share | 900000 | I (2) | By children |
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) |
|||||||||||||||
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (Right to Buy Common Stock) | $0.21 | 2/14/2012 | D (3) | 500000 | (3) | 4/11/2013 | Common Stock, $0.0001 par value | 500000 | (3) | 0 | D | ||||
Stock Option (Right to Buy Common Stock) | $0.015 | 2/14/2012 | A (3) | 500000 | 2/14/2012 | 2/14/2022 | Common Stock, $0.0001 par value | 500000 | (3) | 500000 | D | ||||
Stock Option (Right to Buy Common Stock) | $0.015 | 2/14/2012 | A | 800000 | (4) | 2/14/2022 | Common Stock, $0.0001 par value | 800000 | $ 0 | 800000 | D |
Explanation of Responses: | |
( 1) | Shares held by Mr. Myman's wife. Mr. Myman disclaims any beneficial interest with respect to such shares. |
( 2) | Shares held by Mr. Myman as custodian for his children under the Uniform Transfers to Minors Act. Mr. Myman disclaims any beneficial interest with respect to such shares. |
( 3) | Stock options were cancelled by BigString Corporation on February 14, 2012 in connection with the issuance to the reporting person of stock options to acquire 500,000 shares of BigString's common stock (equal to the number of stock options cancelled) at an exercise price of $.015 per share. On February 13, 2012, the last trading day before the date of issuance of the new stock options, the closing price of BigString's common stock as reported on the OTC Pink Sheets was $.004 per share. The cancelled stock options were fully vested on the date of cancellation, and the new stock options were fully vested on the date of issuance. |
( 4) | Stock options with respect to 200,000 shares vest on each of May 14, 2012; August 14, 2012; November 14, 2012; and February 14, 2013. |
Reporting Owners
|
|||||
Reporting Owner Name / Address |
|
||||
Director | 10% Owner | Officer | Other | ||
Myman Darin M
C/O BIGSTRING CORPORATION 157 BROAD STREET, SUITE 109 RED BANK, NJ 07701 |
X |
|
President and CEO |
|
Signatures
|
||
/s/ Darin Myman | 2/23/2012 | |
** Signature of Reporting Person |
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1 Year BigString (CE) Chart |
1 Month BigString (CE) Chart |
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