4//SEC Filing
Quest Minerals & Mining Corp 4
Accession 0001019056-07-000134
CIK 0001130126operating
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 3:11 PM ET
Size
10.6 KB
Accession
0001019056-07-000134
Insider Transaction Report
Form 4
Quest Minerals & Mining CorpQMMG.OB
CHIARAMONTE EUGENE JR
DirectorPresident and Chief Executive10% Owner
Transactions
- Sale
Common Stock
2007-02-07$0.01/sh−100,000$1,190→ 6,845,000 total - Award
Series C Preferred Stock
2007-01-17$1.00/sh+260,000$260,000→ 32,500,000 totalExercise: $0.01From: 2007-01-17→ Common (32,500,000 underlying) - Disposition to Issuer
Stock Options
2007-01-02−5,000,000→ 0 totalExercise: $0.05From: 2006-05-18Exp: 2011-05-18→ Common (5,000,000 underlying)
Footnotes (3)
- [F1]Transaction executed pursuant to an approved selling plan established under SEC rule 10b5-1.
- [F2]On January 2, 2007, Mr. Chiaramonte and the Company voluntarily agreed to terminate Mr. Chiaramonte's stock option agreement for 5,000,000 options granted to Mr. Chiaramonte on May 18, 2006.
- [F3]On January 17, 2007, the Company issued 260,000 shares of Series C Preferred Stock to Mr. Chiaramonte under an indemnity agreement to indemnify him for a loss he incurred when he delivered a personal guarantee in connection with a loan agreement. The conversion price at which shares of common stock shall be deliverable upon conversion of Series C Preferred Stock without the payment of any additional consideration by the holder thereof is the lesser of (i) $0.008 per share or (ii) 100% of the average of the 5 closing bid prices of the common stock immediately preceding such conversion date. There is no expiration date on the Series C Preferred Stock.
Documents
Issuer
Quest Minerals & Mining Corp
CIK 0001130126
Entity typeoperating
IncorporatedUT
Related Parties
1- filerCIK 0001130126
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 3:11 PM ET
- Size
- 10.6 KB