4//SEC Filing
EL CAPITAN PRECIOUS METALS INC 4
Accession 0001076542-15-000110
CIK 0001135202operating
Filed
May 27, 8:00 PM ET
Accepted
May 28, 12:09 PM ET
Size
16.6 KB
Accession
0001076542-15-000110
Insider Transaction Report
Form 4
Stapleton John F
DirectorOther
Transactions
- Other
Common Stock
2015-05-27+200,000→ 200,000 total(indirect: Shares issued to Management Resource Initiatives, Inc.)
Holdings
- 500,000
Stock Options (right to buy)
Exercise: $0.15From: 2014-11-03Exp: 2024-11-03→ Common Stock (500,000 underlying) - 500,000
Stock Options
Exercise: $0.38From: 2013-12-12Exp: 2019-01-31→ Common Stock (500,000 underlying) - 500,000
Stock Options
Exercise: $0.21From: 2012-07-06Exp: 2022-07-06→ Common Stock (500,000 underlying) - 500,000
Stock Options (right to buy)
Exercise: $0.21From: 2013-01-15Exp: 2018-01-15→ Common Stock (500,000 underlying) - 500,000
Stock Options (right to buy)
Exercise: $0.31From: 2014-03-14Exp: 2019-03-14→ Common Stock (500,000 underlying) - 51
Series B Convertible Preferred Stock
From: 2014-08-01→ Common Stock (51 underlying) - 500,000
Stock Options
Exercise: $1.02From: 2012-11-30Exp: 2018-02-07→ Common Stock (500,000 underlying) - 500,000
Stock Options (right to buy)
Exercise: $0.16From: 2013-12-12Exp: 2018-12-12→ Common Stock (500,000 underlying) - 4,495,980
Common Stock
Footnotes (3)
- [F1]Shares of common stock of the Company issued for no additional payment as consideration for a loan made to the Company by Management Resource Initiatives, Inc. ("MRI") on February 4, 2015. The relative fair value of the shares was determined to be $10,435 and recorded as a discount to the note evidencing the loan. MRI is controlled by Mr. Stapleton, who is the Chief Financial Officer and a Director of El Capitan.
- [F2]Series B Convertible Preferred Stock is convertible into common stock on a one-for-one basis. The Series B Convertible Preferred Stock provides that the holders of outstanding shares of Series B Convertible Preferred Stock hold in the aggregate approximately 51% of the total voting power of all issued and outstanding voting capital of the Issuer. These voting rights apply solely with respect to matters upon which stockholders are entitled to vote or to which stockholders are entitled to give consent and relate to Company capitalization (including, without limitation, increasing and/or decreasing the number of authorized shares of common stock and/or preferred stock, and implementing forward and/or reverse stock splits) and changes in the Company's name. The holders of outstanding shares of Series B Convertible Preferred Stock do not otherwise have the right to vote on matters brought before the stockholders.
- [F3]No expiration date.
Documents
Issuer
EL CAPITAN PRECIOUS METALS INC
CIK 0001135202
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001135202
Filing Metadata
- Form type
- 4
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 12:09 PM ET
- Size
- 16.6 KB