4//SEC Filing
Omagine, Inc. 4
Accession 0001018584-16-000005
CIK 0000820600operating
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 5:05 PM ET
Size
6.2 KB
Accession
0001018584-16-000005
Insider Transaction Report
Form 4
Omagine, Inc.OMAG
SMITH JACK A
Director
Transactions
- Other
Convertible Promissory Note
2016-08-24$0.75/sh+135,562$101,672→ 135,562 totalExercise: $0.75From: 2016-08-24Exp: 2016-12-24→ Common Stock (135,562 underlying)
Footnotes (3)
- [F1]The Reporting Person is a fifty percent owner of an entity that holds a four month $100,000 Convertible Note from the Issuer due December 24, 2016, interest at 5% per annum, with principal and accrued interest convertible into the Issuer's Common Stock at a conversion price of $0.75 per Common Share.
- [F2]A maximum of 135,562 of the Issuer's Common Shares could be issued based on the principal and accrued interest assuming conversion of the Convertible Note is made on the expiration date of December 24, 2016.
- [F3]The Reporting Person is a fifty percent owner of the entity that holds the Convertible Note which optionally may be converted into a maximum of 135,562 of the Issuer's Common Shares.
Documents
Issuer
Omagine, Inc.
CIK 0000820600
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000820600
Filing Metadata
- Form type
- 4
- Filed
- Aug 25, 8:00 PM ET
- Accepted
- Aug 26, 5:05 PM ET
- Size
- 6.2 KB