FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden
hours per response...
0.5
                      
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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kotkin Adam M
2. Issuer Name and Ticker or Trading Symbol

BigString CORP [ BSGC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

C/O BIGSTRING CORPORATION, 157 BROAD STREET, SUITE 109
3. Date of Earliest Transaction (MM/DD/YYYY)

2/14/2012
(Street)

RED BANK, NJ 07701
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ 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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 $.0001 per share                  722500   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Stock Option (Right to Buy Common Stock)   $0.169   2/14/2012     D   (1)       400000      (1) 11/14/2017   Common Stock, $0.0001 par value   400000     (1) 0   D    
Stock Option (Right to Buy Common Stock)   $0.21   2/14/2012     D   (1)       500000      (1) 4/11/2013   Common Stock, $0.0001 par value   500000     (1) 0   D    
Stock Option (Right to Buy Common Stock)   $0.015   2/14/2012     A   (1)       900000    2/14/2012   2/14/2022   Common Stock, $0.0001 par value   900000     (1) 900000   D    
Stock Option (Right to Buy Common Stock)   $0.015   2/14/2012     A         400000      (2) 2/14/2022   Common Stock, $0.0001 par value   400000   $ 0   400000   D    

Explanation of Responses:
( 1)  Stock options were cancelled by BigString Corporation on February 14, 2012 in connection with the issuance to the reporting person of stock options to acquire 900,000 shares of BigString's common stock (equal to the aggregate number of stock options cancelled) at an exercise price of $.015 per share. On February 13, 2012, the last trading day before the date of issuance of the new stock options, the closing price of BigString's common stock as reported on the OTC Pink Sheets was $.004 per share. The cancelled stock options were fully vested on the date of cancellation, and the new stock options were fully vested on the date of issuance.
( 2)  Stock options with respect to 100,000 shares vest on each of May 14, 2012; August 14, 2012; November 14, 2012; and February 14, 2013.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Kotkin Adam M
C/O BIGSTRING CORPORATION
157 BROAD STREET, SUITE 109
RED BANK, NJ 07701
X



Signatures
/s/ Darin M. Myman as Attorney-in-Fact for Adam M. Kotkin 2/23/2012
** 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 control number.
BigString (CE) (USOTC:BSGC)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more BigString (CE) Charts.
BigString (CE) (USOTC:BSGC)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more BigString (CE) Charts.