Virtus Oil & Gas Corp. 4
4 · Virtus Oil & Gas Corp. · Filed Jun 3, 2015
Insider Transaction Report
Form 4
Ireland Rupert
DirectorPresident, CEO, Sec & Treas10% Owner
Transactions
- Other
Common Stock, $0.001 par value
2015-06-01$0.08/sh−23,800,000$1,904,000→ 7,200,000 total
Footnotes (2)
- [F1]Pursuant to the terms of a Note Repayment Agreement dated June 1, 2015, Mr. Ireland transferred 23,800,000 shares of common stock, $0.001 par value, to Daniel M. Ferris, as further described in a Schedule 13D/A filed by Mr. Ireland on June 3, 2015.
- [F2]Pursuant to his employment agreement with the issuer, Mr. Ireland received 1,000,000 shares of common stock, $0.001 par value, on May 13, 2015, and he is entitled to receive an additional 2,000,000 shares in increments of 1,000,000 shares each on May 13 in 2016 and 2017.