Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D
Under
the Securities Exchange Act of 1934
(Amendment
No.
33
)*
CREDITRISKMONITOR.COM INC
(Name of
Issuer)
Common Stock
(Title of
Class of Securities)
225426-105
(CUSIP
Number)
Lauren Accardi,
Meltzer Lippe Goldstein & Breitstone, LLP
190 Willis Avenue
Mineola,
New York
11501
Phone : 516-747-0300
(Name,
Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
December 18, 2012
(Date of
Event which Requires Filing of this Statement)
If the
filing person has previously filed a statement on Schedule 13G to report the
acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box.
o
Note: Schedules filed in paper
format shall include a signed original and five copies of the schedule,
including all exhibits. See §240.13d-7 for other parties to whom copies are to
be sent.
* The
remainder of this cover page shall be filled out for a reporting person’s
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The
information required on the remainder of this cover page shall not be deemed to
be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934
(“Act”) or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the
Notes).
1 |
NAMES
OF REPORTING PERSONS
| ||||
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
| |||||
FLUM JEROME S | |||||
2 |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
| (a) | x | ||
(b) | o | ||||
3 |
SEC
USE ONLY
| ||||
4 |
SOURCE
OF FUNDS
| ||||
N/A | |||||
5 |
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(e)
or 2(f)
| o | |||
6 |
CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||||
United States | |||||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 |
SOLE
VOTING POWER
| |||
253,725 (1) | |||||
8 |
SHARED
VOTING POWER
| ||||
4,339,334 (2) | |||||
9 |
SOLE
DISPOSITIVE POWER
| ||||
253,725 (1) | |||||
10 |
SHARED
DISPOSITIVE POWER
| ||||
4,339,334 (2) | |||||
11 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| ||||
4,593,059(3) | |||||
12 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
| x | |||
13 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
| ||||
57.82%
| |||||
14 |
TYPE
OF REPORTING PERSON
| ||||
N/A | |||||
(1)Excludes 6,000 shares of common stock owned by a grandchild of Mr. Flum, the beneficial ownership of which is disclaimed by Mr. Flum.
(2) Includes 4,339,334 shares of common stock beneficially owned by Flum Partners, of which Mr. Flum is the sole general partner, which are also deemed to be beneficially owned by Mr. Flum because of his power, as sole general partner of Flum Partners, to direct the voting of such shares held by the partnership. Mr. Flum disclaims beneficial ownership of the shares owned by Flum Partners.
(3) Includes 4,339,334 shares of common stock beneficially owned by Flum Parnters, of which Mr. Flum is the sole general partner, which are also deemed to be beneficially owned by Mr. Flum because of his power, as sole general partner of Flum Partners, to direct the voting of such shares held by the partnership. Mr. Flum disclaims beneficial ownership of the shares owned by Flum Partners. Excludes 6,000 shares of common stock owned by a grandchild of Mr. Flum, the beneficial ownership of which is disclaimed by Mr. Flum.
(2) Includes 4,339,334 shares of common stock beneficially owned by Flum Partners, of which Mr. Flum is the sole general partner, which are also deemed to be beneficially owned by Mr. Flum because of his power, as sole general partner of Flum Partners, to direct the voting of such shares held by the partnership. Mr. Flum disclaims beneficial ownership of the shares owned by Flum Partners.
(3) Includes 4,339,334 shares of common stock beneficially owned by Flum Parnters, of which Mr. Flum is the sole general partner, which are also deemed to be beneficially owned by Mr. Flum because of his power, as sole general partner of Flum Partners, to direct the voting of such shares held by the partnership. Mr. Flum disclaims beneficial ownership of the shares owned by Flum Partners. Excludes 6,000 shares of common stock owned by a grandchild of Mr. Flum, the beneficial ownership of which is disclaimed by Mr. Flum.
Item 1. | Security and Issuer |
This statement relates to common stock, $0.01 par value, of CreditRiskMonitor.com, Inc., a Nevada coporaton (the "Company"). The principal executive office of the Company is 704 Executive Blvd., Suite A, Valley Cottage, NY 10989. |
Item 2. | Identity and Background |
(a) | Jerome S. Flum |
(b) | 704 Executive Blvd.
Suite A Valley Cottage, NY 10989 |
(c) | Chief Executive Officer and Chairman of the Board |
(d) | none |
(e) | none |
(f) | United States |
Item 3. |
Source
and Amount of Funds or Other Consideration
|
Gifts aggregating 221,000 shares for no consideration. |
Item 4. |
Purpose
of Transaction
|
gifts of shares |
(a) | n/a |
(b) | n/a |
(c) | n/a |
(d) | n/a |
(e) | n/a |
(f) | n/a |
(g) | n/a |
(h) | n/a |
(i) | n/a |
(j) | n/a |
Item 5. |
Interest
in Securities of the Issuer
|
(a) | The aggregate number of shares of common stock owned by the reporting person is 4,593,059. (3)
The perrcentage of class represented by such amount is 57.82%. (3) |
(b) | sole voting power - 253,725 (1)
shared voting power - 4,339,334 (2) sole power to dispose - 253,725 (1) shared power to dispose - 4,339,334 (2) |
(c) | n/a |
| Transaction Date | Shares or Unites Purchased (Sold) | Price Per Share or Unit |
(d) | n/a |
(e) | n/a |
Item 6. |
Contracts,
Arrangements, Understandings or Relationships with Respect to Securities
of the Issuer
|
n/a |
Item 7. |
Material
to Be Filed as Exhibits
|
none |
Signature
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this statement is true,
complete and correct.
December 31, 2012 | By: |
/s/
Jerome S. Flum | |
The
original statement shall be signed by each person on whose behalf the statement
is filed or his authorized representative. If the statement is signed on behalf
of a person by his authorized representative (other than an executive officer or
general partner of the filing person), evidence of the representative’s
authority to sign on behalf of such person shall be filed with the statement:
provided, however, that a power of attorney for this purpose which is already on
file with the Commission may be incorporated by reference. The name and any
title of each person who signs the statement shall be typed or printed beneath
his signature.
Footnotes:
Attention:
Intentional misstatements or omissions of fact constitute Federal criminal
violations (See 18 U.S.C. 1001)