FOSSEEN DWAYNE 4

4 · MIRENCO INC · Filed Jan 3, 2007

Insider Transaction Report

Form 4

Period: 2006-12-29

MIRENCO INCmreo.ob

FOSSEEN DWAYNE

DirectorCEO

Transactions

Purchase
Common Stock
2006-12-29$0.12/sh+175,000$21,000→ 8,373,945 total
Award
Convertible Preferred Stock
[F1][F2]
2006-12-29+3,500→ 3,500 total
→ Common Stock (17,500 underlying)

Holdings

Common Stock
(indirect: By Spouse)
2,000
Stock Options (Right to Buy)
Exercise: $0.26From: 2006-06-13Exp: 2014-01-31→ Common Stock (1,000 underlying)
1,000
Stock Options (Right to Buy)
Exercise: $0.38From: 2006-05-15Exp: 2014-01-31→ Common Stock (1,000 underlying)
1,000
Stock Options (Right to Buy)
Exercise: $0.28From: 2006-03-16Exp: 2014-01-31→ Common Stock (1,000 underlying)
1,000
Stock Options (Right to Buy)
Exercise: $0.16From: 2006-02-13Exp: 2014-01-31→ Common Stock (1,000 underlying)
1,000
Warrants to Purchase Stock
[F3]
Exercise: $0.15From: 2005-12-31Exp: 1988-08-08→ Common Stock (370,000 underlying)
370,000
Stock Options (Right to Buy)
Exercise: $0.31From: 2005-09-09Exp: 2014-01-31→ Common Stock (1,000 underlying)
1,000
Stock Options (Right to Buy)
Exercise: $0.25From: 2005-05-09Exp: 2014-01-31→ Common Stock (1,000 underlying)
1,000
Stock Options (Right to Buy)
Exercise: $0.28From: 2005-03-22Exp: 2014-01-31→ Common Stock (1,000 underlying)
1,000
Stock Options (Right to Buy)
Exercise: $0.38From: 2004-12-16Exp: 2014-01-31→ Common Stock (1,000 underlying)
1,000
Stock Options (Right to Buy)
(indirect: By Spouse)
Exercise: $0.38From: 2004-12-03Exp: 2014-01-31→ Common Stock (1,000 underlying)
1,000
Warrants to Purchase Stock
[F3]
Exercise: $0.25From: 2004-08-04Exp: 1988-08-08→ Common Stock (1,000,000 underlying)
1,000,000
Stock Options (Right to Buy)
Exercise: $0.38From: 2004-08-27Exp: 2014-01-31→ Common Stock (1,000 underlying)
1,000
Stock Options (Right to Buy)
Exercise: $0.50From: 2004-06-28Exp: 2014-01-31→ Common Stock (1,000 underlying)
1,000
Stock Options (Right to Buy)
(indirect: By Spouse)
Exercise: $0.63From: 2004-04-14Exp: 2014-01-31→ Common Stock (250 underlying)
250
Stock Options (Right to Buy)
(indirect: By Spouse)
Exercise: $0.29From: 1998-12-28Exp: 2008-12-28→ Common Stock (36,000 underlying)
36,000

Footnotes (3)

[F1]Security converts to Common Stock on a one to five basis. Convertible Preferred Stock is convertible at any time at the holder's election before the call date of 12/31/2011.
[F2]Security is callable by issuing company, with 6%interest paid on value of $1per share, if not converted by 12/31/2011. Company has option to call by 12/31/2009, after due notice is given.
[F3]Warrants have no expiration date

Signature

/s/Dwayne Fosseen|2007-01-03

Documents

1 file

4
primary_doc.xmlPrimary
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