Pickersgill Frank 4
4 · AMERICAS WIND ENERGY CORP · Filed May 26, 2009
Insider Transaction Report
Form 4
Pickersgill Frank
DirectorSecretary
Transactions
- Other
Common shares
2009-05-25+2,000,000→ 4,682,089 total - Other
Class A Special Voting Shares
2009-05-25−2,000,000→ 1,076,923 total
Footnotes (2)
- [F1]The Class A Special Voting Shares were issued in connection with the Share Exchange Agreement dated August 11, 2006 among Americas Wind Energy Corporation, 6544797 Canada Ltd., a wholly-owned subsidiary of Americas Wind Energy Corporation, Americas Wind Energy Inc. and the former shareholders of Americas Wind Energy Inc. In addition to the issuance of Class A Special Voting Shares in the capital of Americas Wind Energy Corporation, an equal number of Class A Preference Shares in the capital of 6544797 Canada Ltd. were issued to Mr. Pickersgill. Each Class A Special Voting Share together with one Class A Preference Share of 6544797 Canada Ltd. is exchangeable into one common share in the capital of Americas Wind Energy Corporation.
- [F2]The shares were acquired upon exchange of Class A Preference Shares in the capital of 6544797 Canada Ltd. and Class A Special Voting Shares in the capital of Americas Wind Energy Corporation pursuant to a Share Exchange Agreement dated August 11, 2006 between Americas Wind Energy Corporation, 6544797 Canada Ltd., Americas Wind Energy Inc. and the former shareholders of Americas Wind Energy Inc.