Z Trim Holdings, Inc - Report of proposed sale of securities (144)
16 Juli 2008 - 11:16PM
Edgar (US Regulatory)
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OMB APPROVAL
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OMB Number:
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3235-0101
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Expires:
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December 31, 2009
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Estimated average burden
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hours per response
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2.00
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SEC USE ONLY
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DOCUMENT SEQUENCE NO.
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CUSIP NUMBER
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WORK LOCATION
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 144
NOTICE OF PROPOSED
SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
ATTENTION:
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Transmit
for filing 3 copies of this form concurrently with either placing an
order with a broker
to execute sale or executing a sale directly with a market maker.
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1
(a)
NAME OF ISSUER
(Please type or print)
Z Trim Holdings, Inc.
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(b)
IRS IDENT. NO.
36-4197173
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(c)
S.E.C. FILE NO.
001-32134
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1
(d)
ADDRESS OF ISSUER STREET
1011 Campus Drive
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CITY
Mundelein
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STATE
IL
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ZIP CODE
60060
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(e)
TELEPHONE NO.
AREA CODE NUMBER
(847) 549-6002
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2
(a)
NAME OF PERSON FOR WHOSE ACCOUNT
THE SECURITIES ARE TO BE SOLD
Gregory J. Halpern
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(b)
IRS IDENT. NO.
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(c)
RELATIONSHIP
TO ISSUER
Stockholder
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(d)
ADDRESS STREET
11008 Morning Dove Ln.
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CITY
Spring Grove
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STATE
IL
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ZIP CODE
60081
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INSTRUCTION: The person
filing this notice should contact the issuer to obtain the I.R.S. Identification Number
and the S.E.C. File Number.
3
(a)
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(b)
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SEC USE ONLY
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(c)
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(d)
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(e)
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(f)
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(g)
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Title of the
Class of
Securities
To Be Sold
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Name and Address of Each Broker Through Whom
the Securities are to be Offered or Each Market
Maker who is Acquiring the Securities
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Broker-Dealer
File Number
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Number of Shares
or Other Units
To Be Sold
(See instr. 3(c))
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Aggregate
Market
Value
(See instr. 3(d))
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Number of
Shares or Other
Units Outstanding
(See instr. 3(e))
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Approximate
Date of Sale
(See instr. 3(f))
(MO. DAY YR.)
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Name of Each
Securities
Exchange
(See instr. 3(g))
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Common Stock
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E*TRADE Securities
P.O. Box 1542
Merrifield, VA 22116
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350,000
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$66,500
(1)
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75,056,375
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07/16/2008
to
09/14/2008
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AMEX
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INSTRUCTIONS:
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1.
2.
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(a)
(b)
(c)
(d)
(e)
(a)
(b)
(c)
(d)
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Name of issuer
Issuers I.R.S. Identification Number
Issuers S.E.C. file number, if any
Issuers address, including zip code
Issuers telephone number, including area code
Name of person for whose account the securities are to be sold
Such persons I.R.S. identification number, if such person is
an entity
Such persons relationship to the issuer (e.g., officer, director, 10%
stockholder, or member of immediate family of any of the foregoing)
Such persons address, including zip code
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3.
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(a)
(b)
(c)
(d)
(e)
(f)
(g)
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Title of the class of securities to be sold
Name and address of each broker through whom the securities are intended to be sold
Number of shares or other units to be sold (if debt securities, give the aggregate
face amount)
Aggregate market value of the securities to be sold as of a specified date within
10 days prior to the filing of this notice
Number of shares or other units of the class outstanding, or if debt securities the
face amount thereof outstanding, as shown by the most recent report or statement
published by the issuer
Approximate date on which the securities are to be sold
Name of each securities exchange, if any, on which the securities are intended to be sold
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Potential persons who
are to 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.
SEC 1147 (01-07)
TABLE I -- SECURITIES
TO BE SOLD
Furnish the following information with respect to the acquisition of the
securities to be sold
and with respect to the payment of all or any part of the purchase
price or other consideration therefor:
Title of
the Class
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Date you
Acquired
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Nature of Acquisition Transaction
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Name of Person from Whom Acquired
(If gift, also give date donor acquired)
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Amount of
Securities Acquired
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Date of
Payment
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Nature of Payment
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Common Stock
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Prior to
August 2006
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Exercise of Stock Options
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Z Trim Holdings, Inc.
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350,000
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Same
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Previously Acquired Stock
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INSTRUCTIONS:
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If
the securities were purchased and full payment therefor was not made in cash at the time
of purchase, explain in the table or in a note thereto the nature of the consideration
given. If the consideration consisted of any note or other obligation, or if payment was
made in installments describe the arrangement and state when the note or other obligation
was discharged in full or the last installment paid.
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TABLE II -- SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during
the past 3 months by the person for whose account the
securities are to be sold.
Name and Address of Seller
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Title of Securities Sold
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Date of Sale
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Amount of
Securities Sold
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Gross Proceeds
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Gregory J. Halpern
11008 Morning Dove Ln.
Spring Grove, IL 60081
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Common Stock
Common Stock
Common Stock
Common Stock
Common Stock
Common Stock
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04/10/08
04/11/08
04/24/08
04/28/08
05/16/08
05/19/08
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62,000
12,200
78,000
22,600
25,000
60,000
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$16,740
$3,172
$22,070
$5,424
$7,000
$21,000
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REMARKS:
(1)
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The
Aggregate Market Value is calculated using the closing price of $0.19 on July 15, 2008.
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INSTRUCTIONS:
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as
to the person for whose account the securities are to be sold but also as to all other persons included
in that definition. In addition, information shall be given as to sales by all personswhose sales are
required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing
this notice.
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ATTENTION:
The person for whose account the securities to which this notice relates are to be
sold hereby represents by signing this notice that he does not know any material
adverse information in regard to the current and prospective operations of the
Issuer of the securities to be sold which has not been publicly disclosed.
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July 16, 2008
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/s/ Gregory J. Halpern
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DATE OF NOTICE
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Gregory J. Halpern
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The notice shall be
signed by the person for whose account the securities are to be sold.
At least one copy
of the notice shall be manually signed. Any copies not manually signed shall bear typed
or printed signatures.
ATTENTION:
Intentional misstatements or omission of facts constitute Federal Criminal Violations
(See 18 U.S.C. 1001)
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SEC 1147 (01-07)
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