4//SEC Filing
CAMERON JAMES 4
Accession 0001001277-03-000376
CIK 0000885520other
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 2:50 PM ET
Size
10.3 KB
Accession
0001001277-03-000376
Insider Transaction Report
Form 4
CAMERON JAMES
10% Owner
Transactions
- Purchase
Nonconvertible Series A Preferred Stock
2003-08-15$1000.00/sh+1,232$1,232,000→ 1,232 total - Gift
Common Stock
2003-08-14−490,000→ 39,401,783 total - Sale
Common Stock
2003-08-15$0.04/sh−32,359,637$1,132,587→ 7,042,146 total - Other
Option to purchase common stock
2003-08-15$0.01/sh−6,000,000$90,000→ 250,000 totalExercise: $3.63From: 2000-08-01Exp: 2006-08-01→ Common Stock (6,000,000 underlying)
Footnotes (4)
- [F1]On August 15, 2003, the Reporting Person sold an aggregate of 32,359,637 shares of the Issuer's common stock to certain accredited investors at $0.035 per share. The shares sold by the Reporting Person were originally purchased by the Reporting Person in private transactions from the Company more than two (2) years ago. The closing price per share of the Issuer's common stock reported on the OTC-Bulletin Board on August 15, 2003 was $0.09. See footnote 3 below.
- [F2]The Reporting Person acquired 1,232 shares of non-convertible Series A Preferred Stock, par value $6.00, at $1,000 per share. In general, the terms of the Issuer's Series A Preferred Stock provide for a dividend preference of $0.50 per share if and when declared by the Issuer's board of directors and a liquidation preference of $6.00 per share. The shares of Series A Preferred Stock have no voting rights, except as required by law, and are not convertible into any securities of the Issuer.
- [F3]The Reporting Person and Jeffrey McCormick mutually agreed, without value, to cancel their agreement to require the Reporting Person to sell 6,000,000 shares of the Issuer's common stock owned by the Reporting Person at the purchase price of $3.625 per share to Mr. McCormick upon exercise.
- [F4]Includes warrants to purchase 150,000 shares of common stock directly.
Documents
Issuer
ALTERNATIVE TECHNOLOGY RESOURCES INC
CIK 0000885520
Entity typeother
Related Parties
1- filerCIK 0001123558
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 2:50 PM ET
- Size
- 10.3 KB