SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DONENFELD ALAN P

(Last) (First) (Middle)
C/O PARAGON CAPITAL LP
110 EAST 59TH STREET, 22TH FL

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PREVENTION INSURANCE COM INC [ PVNC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
President and Secretary
3. Date of Earliest Transaction (Month/Day/Year)
09/19/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 $0.0001 per share(the "Common Stock") 09/19/2011 X 1,395,000 A $0.5(1) 2,109,286(3) I By Limited Partnership(2)
Common Stock 09/19/2011 X 1,395,000 A $0.5(1) 2,109,286 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
Warrants $0.5(1) 09/19/2011 X 100,000 10/08/2008 10/08/2011 Common Stock 100,000 (4) 1,650,000(3) I By Limited Partnership(2)
Warrants $0.5(1) 09/19/2011 X 150,000 01/28/2009 01/28/2012 Common Stock 150,000 (4) 1,500,000(3) I By Limited Partnership(2)
Warrants $0.5(1) 09/19/2011 X 150,000 05/29/2009 05/29/2012 Common Stock 150,000 (4) 1,350,000(3) I By Limited Partnership(2)
Warrants $0.5(1) 09/19/2011 X 750,000 12/31/2009 12/31/2012 Common Stock 750,000 (4) 600,000(3) I By Limited Partnership(2)
Warrants $0.5(1) 09/19/2011 X 200,000 06/04/2010 06/04/2013 Common Stock 200,000 (4) 400,000(3) I By Limited Partnership(2)
Warrants $0.5(1) 09/19/2011 X 200,000 11/04/2010 11/04/2013 Common Stock 200,000 (4) 200,000(3) I By Limited Partnership(2)
Warrants $0.5(1) 09/19/2011 X 100,000 10/08/2008 10/08/2011 Common Stock 100,000 (4) 1,650,000 D
Warrants $0.5(1) 09/19/2011 X 150,000 01/28/2009 01/28/2012 Common Stock 150,000 (4) 1,500,000 D
Warrants $0.5(1) 09/19/2011 X 150,000 05/29/2009 05/29/2012 Common Stock 150,000 (4) 1,350,000 D
Warrants $0.5(1) 09/19/2011 X 750,000 12/31/2009 12/31/2012 Common Stock 750,000 (4) 600,000 D
Warrants $0.5(1) 09/19/2011 X 200,000 06/04/2010 06/04/2013 Common Stock 200,000 (4) 400,000 D
Warrants $0.5(1) 09/19/2011 X 200,000 11/04/2010 11/04/2013 Common Stock 200,000 (4) 200,000 D
1. Name and Address of Reporting Person*
DONENFELD ALAN P

(Last) (First) (Middle)
C/O PARAGON CAPITAL LP
110 EAST 59TH STREET, 22TH FL

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
X Officer (give title below) Other (specify below)
President and Secretary
1. Name and Address of Reporting Person*
PARAGON CAPITAL LP

(Last) (First) (Middle)
110 EAST 59TH ST 29TH FL

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. On September 19, 2011, Paragon Capital LP ("Paragon") exercised a series of warrants to purchase an aggregate of 1,550,000 shares of Common Stock of the Issuer pursuant to a cashless exercise provision whereby the aggregate number of shares issued upon the exercise of the warrants was 1,395,000. Such number of shares issued was determined based on the following formula: net number = [(total number of warrant shares X closing sale price of the shares of Common Stock on the date immediately preceding the date of the exercise) - (total number of warrant shares X exercise price)] / closing sale price of the shares of Common Stock on the date immediately preceding the date of the exercise. The exercise price at the time of the exercise was $0.50 per share.
2. Alan Donenfeld is the Managing Member of Paragon Capital Advisors LLC which is the General Parnter of Paragon and therefore may be deemed to beneficially own the securities owned of record by Paragon.
3. Represents the securites of the Issuer owned of record by Paragon and owned beneficially by Alan Donenfeld.
4. N/A
/s/ Alan Donenfeld 09/21/2011
/s/ Alan Donenfeld, as principal of Paragon Capital LP 09/21/2011
** 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).
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