ZAGG Incorporated (ZAGG)

[Yale_MBA]

Form 8-K for ZAGG INC

10-Jul-2009

Other Events


Item 8.01 Other Events

As part of a charitable, estate and strategic partnership plan, Robert G. Pedersen II beneficially sold 800,000 restricted shares of ZAGG Incorporated common stock at a market premium of $8.00 per share to a strategic investor, which included an additional 230,769 warrants from Mr. Pedersen.

Concurrent with the sale of restricted shares, Mr. Pedersen donated 2,000,000 shares of ZAGG Incorporated common stock to charity including a 501(c)3 public charitable family foundation.