UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Warrants (right to buy) | 07/07/2006 | 07/07/2011 | Common Stock | 41,666 | $ 0.45 | D | Â |
Warrants (right to buy) | 07/07/2006 | 07/07/2011 | Common Stock | 833,333 | $ 0.45 | D | Â |
Options (right to buy) | 10/13/2005(1) | 10/13/2010 | Common Stock | 250,000 | $ 1.6 | D | Â |
Options (right to buy) | 07/13/2007(2) | 07/13/2016 | Common Stock | 500,000 | $ 0.7 | D | Â |
Options (right to buy) | 10/02/2007(3) | 10/02/2016 | Common Stock | 3,000,000 | $ 0.63 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kreloff Shawn C/O SONA MOBILE HOLDINGS CORP. 245 PARK AVENUE NEW YORK, NY 10167 |
 |  X |  |  |
/s/ Shawn Kreloff | 11/03/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | These stock option vested as follows: (a) 83,333 shares immediately; (b) 83,333 shares on 09/30/06; and (c) 83,334 shares on 09/30/2007. |
(2) | These stock option vest as follows: (i) 166,667 shares of common stock on July 13, 2007; (ii) 166,667 shares of common stock on July 13, 2008 and (iii) 166,667 shares of common stock on or after July 13, 2009. |
(3) | These stock options vest as follows: (i) 1,000,000 shares of common stock on October 2, 2007; (ii) 1,000,000 shares of common stock on October 2, 2008 and (iii) 1,000,000 shares of common stock on or after October 2, 2009. |
 Remarks: The Reporting Person believes that the Issuer claims that the options set forth above were cancelled in connection with the  termination of Reporting Person's employment with Issuer. |