Alvarez George 4
4 · VelaTel Global Communications, Inc. · Filed Mar 26, 2013
Insider Transaction Report
Form 4
Alvarez George
DirectorCEO
Transactions
- Other
Series B Common Stock
2013-01-14$0.00/sh+220,606$221→ 889,698 total - Other
Series B Common Stock
2013-01-14$0.00/sh+20,220,606$20,221→ 21,110,304 total - Other
Series B Common Stock
2013-01-15$0.00/sh+220,605$221→ 21,330,909 total
Footnotes (3)
- [F1]On January 14, 2013, Reporting Person received an irrevocable proxy from Carlos Trujillo to vote Mr. Trujillo's Series B common stock. The proxy applies to 220,606 shares of the Company's Series B common stock issued to Mr. Trujillo as a result of a reverse stock split.
- [F2]On January 14, 2013, Reporting Person received an irrevocable proxy from Kenneth Hobbs to vote Mr. Hobbs's Series B common stock. The proxy applied to 220,606 shares of the Company's Series B common stock issued to Mr. Hobbs as a result of a reverse stock split and 20,000,000 shares of the Company's Series B common stock issued to Mr. Hobbs by the Company on or about January 15, 2013.
- [F3]On January 15, 2013, Reporting Person received an irrevocable proxy from Kenneth L. Waggoner to vote Mr. Waggoner's Series B common stock. The proxy applies to 220,605 shares of the Company's Series B common stock issued to Mr. Waggoner as a result of a reverse stock split.