4//SEC Filing
PATCH INTERNATIONAL INC/CN 4
Accession 0000949353-07-000557
CIK 0001064481operating
Filed
Sep 23, 8:00 PM ET
Accepted
Sep 24, 5:07 PM ET
Size
12.1 KB
Accession
0000949353-07-000557
Insider Transaction Report
Form 4
VANDALE MICHAEL S
DirectorPresident, CEO
Transactions
- Sale
Common Stock
2007-05-03−250,000→ 2,075,000 total - Other
Stock Options (Right to Buy)
2007-05-17−750,000→ 166,666 totalExercise: $1.20From: 2007-12-15Exp: 2011-12-15→ Common Stock (166,666 underlying)
Holdings
- 100,000
Common Stock
Footnotes (4)
- [F1]Exchangeable Shares per Share Exchange Agreement dated 12/15/06 between Damascus and Patch Energy, Inc.
- [F2]$10.00/250,000 shares.
- [F3]Mr. Vandale voluntarily cancelled 750,000 stock options without any consideration. The remaining stock options were changed to reflect vesting over a 3 year period.
- [F4]Options were issued as compensation.
Documents
Issuer
PATCH INTERNATIONAL INC/CN
CIK 0001064481
Entity typeoperating
Related Parties
1- filerCIK 0001064481
Filing Metadata
- Form type
- 4
- Filed
- Sep 23, 8:00 PM ET
- Accepted
- Sep 24, 5:07 PM ET
- Size
- 12.1 KB