13GA
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
SCHEDULE
13G/A
(Rule
13d-102)
INFORMATION TO BE INCLUDED IN
STATEMENTS FILED PURSUANT
TO §240.13d-1(b), (c) AND
(d) AND AMENDMENTS THERETO FILED
PURSUANT TO
§240.13d-2
(AMENDMENT NO.
3)*
PAID, INC.
(Name of
Issuer)
Common Stock
(Title of Class of
Securities)
69561N402
(CUSIP
Number)
August 17,
2017
(Date of Event Which Requires
Filing of this Statement)
Check the appropriate box to
designate the rule pursuant to which this Schedule is
filed.
[ ] Rule
13d-1(b)
[ ] Rule
13d-1(c)
[X] Rule
13d-1(d)
*The remainder of this cover page
shall be filled out for a reporting person’s initial filing
on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would
alter disclosures provided in a prior cover
page.
The information required on the
remainder of this cover page shall not be deemed to be
“filed” for the purpose of Section 18 of this
Securities Exchange Act of 1934 (“Act”) or otherwise
subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act (however, see the
Notes).
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CUSIP No.
69561N402
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13G
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Page 2 of 7
Pages
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1.
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Names of Reporting
Person
Christopher J. Coghlin
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2.
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Check the Appropriate Box if a
Member of a Group (See Instructions)
(a)
☒
(b) ☐
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3.
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SEC Use Only
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4.
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Citizenship of Place of
Organization
U.S.
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Number of
Shares
Beneficially
Owned by Each
Reporting
Person
With
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5.
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Sole Voting
Power
27,428
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6.
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Shared Voting
Power
137,582
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7.
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Sole Dispositive
Power
27,428
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8.
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Shared Dispositive
Power
137,582
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9.
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Aggregate Amount Beneficially
Owned by each Reporting Person
165,010
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10.
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Check if the Aggregate Amount in
Row (9) Excludes Certain Shares ☐
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11.
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Percent of Class Represented by
Amount in Row 9
10.00%
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12.
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Type of Reporting Person (See
Instructions)
IN
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CUSIP No.
69561N402
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13G
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Page 3 of 7
Pages
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1.
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Names of Reporting
Person.
Kimberly
Coghlin
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2.
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Check the Appropriate Box if a
Member of a Group (See Instructions)
(a)
☒
(b) ☐
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3.
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SEC Use Only
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4.
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Citizenship of Place of
Organization
U.S.
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Number of
Shares
Beneficially
Owned by Each
Reporting
Person
With
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5.
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Sole Voting
Power
0
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6.
|
Shared Voting
Power
137,582
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7.
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Sole Dispositive
Power
0
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8.
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Shared Dispositive
Power
137,582
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9.
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Aggregate Amount Beneficially
Owned by each Reporting Person
137,582
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10.
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Check if the Aggregate Amount in
Row (9) Excludes Certain Shares ☐
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11.
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Percent of Class Represented by
Amount in Row 9
8.35%
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12.
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Type of Reporting Person (See
Instructions)
IN
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Item 1(a)
Name of Issuer: Paid,
Inc
Item 1(b)
Address of Issuer’s Principal Executive
Offices: 200 Friberg Parkway Suite 4004, Westborough,
Massachusetts 01581
Item 2(a)
Name of Person Filing: (1) Christopher J. Coghlin (2)
Kimberly Coghlin
Item 2(b)
Address of Principal Business Office or, if
None, Residence: Both reporting persons may be contacted at
27 Otis Street, Westborough, MA 01581
Item 2(c)
Citizenship: (1) U.S. citizen (2) U.S.
citizen
Item 2(d)
Title of Class of Securities: Common
Stock.
Item 2(e)
CUSIP Number:
69561N402
Item 3.
If this statement is filed pursuant to
§§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the
person filing is a: Not applicable.
Provide the
following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item
1.
(a)
Amount beneficially owned: (1)
165,010 shares of common stock (2) 137,582 (reporting holder
disclaims beneficial ownership of shares held solely by
spouse)
(b)
Percent of Class: (1) 10.00% (2)
8.35%
(c)
Number of shares as to which the
person has:
(i) sole power to vote or to
direct the vote: (1) 27,428 (held solely by Christopher J. Coghlin;
Kimberly Coghlin disclaims beneficial ownership) (2) no shares held
solely by Kimberly Coghlin for which Christopher Coghlin disclaims
beneficial ownership
(ii) shared power to vote or to
direct the vote: 137,582 (includes 3,340 shares of common stock
held in an IRA account for the benefit of Kimberly Coghlin for
which Christopher Coghlin claims beneficial
ownership)
(iii) sole power to dispose or to
direct the disposition of: (1) 27,428 (held solely by Christopher
J. Coghlin; Kimberly Coghlin disclaims beneficial ownership) (2) no
shares held solely by Kimberly Coghlin for which Christopher
Coghlin disclaims beneficial ownership
(iv) shared power to dispose or
to direct the disposition of: 137,582 (includes 3,340 shares of
common stock held in an IRA account for the benefit of Kimberly
Coghlin for which Christopher Coghlin claims beneficial
ownership)
Item 5.
Ownership of Five Percent or Less of a
Class: Not applicable.
Item 6.
Ownership of more than Five Percent on Behalf
of Another Person: None
Item 7.
Identification and Classification of the
Subsidiary which Acquired the Security Being Reported on By the
Parent Holding Company or Control Person: Not
applicable.
Item 8.
Identification and Classification of Members
of the Group: Not applicable.
Item 9.
Notice of Dissolution of Group: Not
applicable.
Item 10.
Certifications: By signing below I
certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and
are not held in connection with or as a participant in any
transaction having that purpose or effect, other than activities
solely in connection with a nomination under
§240.14a-11.
SIGNATURE
After reasonable inquiry and to
the best of my knowledge and belief, I certify that the information
set forth in this statement is true, complete and
correct.
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/s/ Christopher J.
Coghlin
Christopher J.
Coghlin
Dated: May 14,
2018
/s/ Kimberly
Coghlin
Kimberly
Coghlin
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