Patents by Inventor James G. Schaad

James G. Schaad has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 7483851
    Abstract: A method for facilitating the distribution of physical restricted securities to a set of participants comprises receiving from an originating entity, such as a venture capitalist, a distribution package. A transfer agent is given temporary custody of the restricted securities and delivery instructions are provided to the transfer agent. Because the transfer agent has custody of the securities while they are still in the name of the originating entity, it can perform distributions of the restricted securities in accordance with incrementally delivered instructions and does not need to terminate the entire distribution if the instructions for a particular participant are incomplete or inconsistent. A system for gathering distribution instructions from participants and delivering the instructions to a facilitator is also disclosed.
    Type: Grant
    Filed: January 11, 2002
    Date of Patent: January 27, 2009
    Assignee: Goldman Sachs & Company
    Inventors: John K. Brixius, James G. Schaad, David W. George, Robert J. Dent