-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, D2JTFB3Kj1cWQ/lgb/oyu5aFp8R5HZPHsvVQJMsDXrcsJpGtT3DAayw+ssXhAUaV BZOPOfOLsW2HCIUN8qdDiQ== 0001144204-08-030200.txt : 20080516 0001144204-08-030200.hdr.sgml : 20080516 20080516113656 ACCESSION NUMBER: 0001144204-08-030200 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080502 FILED AS OF DATE: 20080516 DATE AS OF CHANGE: 20080516 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CAPITAL GROWTH SYSTEMS INC /FL/ CENTRAL INDEX KEY: 0001116694 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 650953505 STATE OF INCORPORATION: FL FISCAL YEAR END: 0501 BUSINESS ADDRESS: STREET 1: 23123 STATE ROAD 7 SUITE 350B CITY: BOCA RATON STATE: FL ZIP: 33428 BUSINESS PHONE: 5613625287 MAIL ADDRESS: STREET 1: ONE W CAMINO REAL STREET 2: STE 118 CITY: BOCA RATON STATE: FL ZIP: 33432 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WORTHY RICHARD E CENTRAL INDEX KEY: 0001434979 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30831 FILM NUMBER: 08840876 BUSINESS ADDRESS: BUSINESS PHONE: 610 827 9190 MAIL ADDRESS: STREET 1: 24 SPRINGLEA LANE CITY: CHESTER SPRINGS STATE: PA ZIP: 19425 3 1 v113913_ex.xml X0202 3 2008-05-02 0 0001116694 CAPITAL GROWTH SYSTEMS INC /FL/ CGSY.OB 0001434979 WORTHY RICHARD E C/O CAPITAL GROWTH SYSTEMS, INC. 500 W. MADISON ST. SUITE 2060 CHICAGO IL 60661 1 0 0 0 Option 0.60 2018-05-02 Common 400000 D Option is exercisable as to 100,000 shares immediately and as to an additional 100,000 shares on each of May 2, 2009, May 2, 2010 and May 2, 2011, provided that: (i) the undersigned continues to serve as a director of the Company as of the applicable vesting date (and vesting accelerating on change-in-control); and (ii) in no event can option be exercised if there are insufficient shares underlying the option for exercise after resignation of common stock underlying all convertible debentures and corresponding warrants issues pursuant to the Company's March 2008 debt placement. /s/ Richard Edward Worthy 2008-05-12 -----END PRIVACY-ENHANCED MESSAGE-----