LOGAN JOEL STEPHEN II 4
4 · DEER VALLEY CORP · Filed Apr 2, 2010
Insider Transaction Report
Form 4
DEER VALLEY CORPDVLY
LOGAN JOEL STEPHEN II
Director
Transactions
- Exercise/Conversion
PREFERRED STOCK
2008-06-04−15,000→ 412,141 total→ COMMON STOCK (200,000 underlying) - Exercise/Conversion
COMMON STOCK
2008-06-04+200,000→ 838,298 total - Disposition to Issuer
STOCK OPTION
2010-02-26−100,000→ 312,141 total→ COMMON STOCK (100,000 underlying) - Disposition to Issuer
COMMON STOCK
2010-02-26$0.35/sh−638,298$223,404→ 216,528 total
Footnotes (4)
- [F1]The Issuer redeemed from the Reporting Person 382,979 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 15,000 shares of Series A Convertible Preferred Stock into 200,000 shares of common stock. Each share of Series A Convertible Stock converts into 13.34 shares of common stock.
- [F4]Includes: (a) 200,000 common shares issuable upon exercise of the Company's Series A Common Stock Purchase Warrants, (b) 12,141 common shares issuable upon exercise of another of the Company's Series A Common Stock Purchase Warrants, and (d) 100,000 common shares issuable upon exercise of the Company's Series B Common Stock Purchase Warrants.