HUGGINS DONALD G JR 4
4 · XRG INC · Filed Sep 3, 2004
Insider Transaction Report
Form 4
XRG INCXRGC
HUGGINS DONALD G JR
Director
Transactions
- Award
COMMON STOCK, $0,001 PAR VALUE
2004-03-23$0.00/sh+250,000$250→ 3,000,000 total(indirect: By Spouse) - Award
COMMON STOCK, $0,001 PAR VALUE
2004-06-29$0.00/sh+2,000,000$2,000→ 5,000,000 total(indirect: By Spouse) - Award
COMMON STOCK, $0,001 PAR VALUE
2004-06-29$0.00/sh+8,333,333$8,333→ 13,333,333 total(indirect: By Spouse) - Disposition to Issuer
SERIES A PREFERRED STOCK, $0.001 PAR VALUE
2004-06-29−1,666,666.66→ 0 total(indirect: By Spouse)
Footnotes (3)
- [F1]Private Capital Group, Inc., a firm owned by Mr. Huggins' wife, holds 2,000,000 shares of Common Stock.
- [F2]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F3]The Series A Preferred Shares were cancelled for the grant of 8,333,333 Common Shares.