SEC Form 5
FORM 5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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
OMB APPROVAL
OMB Number: 3235-0362
Estimated average burden
hours per response: 1.0
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Form 3 Holdings Reported.
X
Form 4 Transactions Reported.
1. Name and Address of Reporting Person*
YOUNG BUDDY

(Last) (First) (Middle)
C/O PROGRESSIVE TRAINING INC.
17337 VENTURA BLVD STE 305

(Street)
ENCINO CA 91316

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PROGRESSIVE TRAINING, INC. [ PRTR ]
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, CEO, CFO, Chairman
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
05/31/2009
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 at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Amount (A) or (D) Price
Common Stock 03/16/2009 J4(3) 3,000,000 A (3) 4,005,716 I By Trust(1)(2)
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)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
YOUNG BUDDY

(Last) (First) (Middle)
C/O PROGRESSIVE TRAINING INC.
17337 VENTURA BLVD STE 305

(Street)
ENCINO CA 91316

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
X Officer (give title below) Other (specify below)
President, CEO, CFO, Chairman
1. Name and Address of Reporting Person*
Young Rebecca

(Last) (First) (Middle)
C/O PROGRESSIVE TRAINING INC.
17337 VENTURA BOULEVARD SUITE 305

(Street)
ENCINO CA 91316

(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. These shares are owned directly by the Young Family Trust (the "Trust") and are beneficially owned by Buddy Young and Rebecca Young as settlors and co-trustees of the Trust, which is revocable.
2. Rebecca Young, whose address is c/o 17337 Ventura Boulevard, Suite 305, Encino, CA 91316, is filing this Form 5 jointly with Buddy Young as a 10% Owner of the Common Stock of Progressive Training, Inc. [PRTR]. Rebecca Young is filing this Form 5 for the Issuer's fiscal year ended 5/31/2009 and with respect to the same shares and transactions as are reported in this Form 5 by Buddy Young.
3. These shares were acquired from the Issuer in exchange for cancellation of $180,000 of indebtedness.
Remarks:
/s/ Buddy Young 10/19/2010
/s/ Rebecca Young 10/19/2010
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.