Iveda Solutions, Inc. — Director's Dealing 2014

Dec 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iveda Solutions, Inc. (IVDA.OB)
CIK: 0001397183
Period of Report: 2014-12-09

Reporting Person: Gillen Robert (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-09	Warrants (Right to buy)	$1.00	P	25000	Acquired	2019-12-09	Common Stock (25000)	Indirect

Footnotes

F1: On December 9, 2014, Squirrel-Away, LLC purchased a 9.5% Debenture (the "Debenture") from the Company in the principal amount of $100,000. The Debenture is due and payable on January 5, 2015. In connection with issuance of the Debenture, Squirrel-Away, LLC received a warrant to purchase 25,000 shares of Common Stock at an exercise price of $1.00 per share. The warrant has a term of five years from the date of issuance.

F2: The securities are held by Squirrel-Away, LLC. The sole member of Squirrel-Away, LLC is G&G Trust dated 11/3/2004, which is beneficially owned by Robert Gillen and Mary Gillen (as beneficiaries of the trust). Robert Gillen and Mary Gillen are also managers of Squirrel-Away, LLC, and therefore have voting and investment power with respect to the shares of Iveda common stock held by Squirrel-Away, LLC.