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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | 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 control number. | SEC 2270 (9-02) |
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 Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
YOUNG BUDDY C/O PROGRESSIVE TRAINING INC. 17337 VENTURA BLVD STE 305 ENCINO, CA 91316 |
 X |  X |  President, CEO, CFO, Chairman |  |
Young Rebecca C/O PROGRESSIVE TRAINING INC. 17337 VENTURA BOULEVARD SUITE 305 ENCINO, CA 91316 |
 |  X |  |  |
/s/ Buddy Young | 10/19/2010 | |
**Signature of Reporting Person | Date | |
/s/ Rebecca Young | 10/19/2010 | |
**Signature of Reporting Person | Date |
* | 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). |
(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 5/31/2008 and with respect to the same shares and transactions as are reported in this Form 5 by Buddy Young. |
(3) | These shares were acquired in connection with a distribution by Dematco, Inc. to its shareholders of 750,000 shares of the Issuer previously held by Dematco. |