LAWLER JOHN S 4
4 · DEER VALLEY CORP · Filed Apr 2, 2010
Insider Transaction Report
Form 4
DEER VALLEY CORPDVLY
LAWLER JOHN S
Director
Transactions
- Disposition to Issuer
COMMON STOCK
2010-02-26$0.35/sh−297,872$104,255→ 72,178 total - Exercise/Conversion
COMMON STOCK
2008-06-09+66,667→ 138,845 total - Disposition to Issuer
STOCK OPTION
2010-02-26−100,000→ 104,048 total→ COMMON STOCK (100,000 underlying) - Exercise/Conversion
PREFERRED STOCK
2008-06-09−5,000→ 204,048 total→ COMMON STOCK (66,667 underlying)
Footnotes (4)
- [F1]The Issuer redeemed from the Reporting Person 297,872 common shares at a price of $0.35 per share.
- [F2]The Issuer redeemed from the Reporting Person (a) options exercisable for 50,000 shares of common stock and an exercise price of $1.14, and (b) options exercisable for 50,000 shares of common stock and an exercise price of $1.11.
- [F3]The Reporting Person converted 5,000 shares of Series A Convertible Preferred Stock into 66,667 shares of common stock. Each share of Series A Convertible Stock converts into 13.34 shares of common stock.
- [F4]Includes: (a) 66,667 common shares issuable upon exercise of the Company's Series A Common Stock Purchase Warrants, (b) 4047 common shares issuable upon exercise of another of the Company's Series A Common Stock Purchase Warrants, and (d) 33,334 common shares issuable upon exercise of the Company's Series B Common Stock Purchase Warrants.