Jarkesy George R. Jr. 4

Accession 0001078782-10-000776

CIK 0000867687other

View on SEC.gov Company Profile

Filed

Apr 12, 8:00 PM ET

Accepted

Apr 13, 5:27 PM ET

Size

16.9 KB

Accession

0001078782-10-000776

Insider Transaction Report

Form 4

Period: 2009-06-30

AMERICA WEST RESOURCES, INC.AWSR.OB

Jarkesy George R. Jr.

Director10% Owner

Transactions

Other
Common Stock
2009-11-18+2,250,000→ 4,850,000 total(indirect: See footnote)
Other
Common Stock
2009-11-18+2,100,000→ 2,600,000 total(indirect: See footnote)
Award
Option (Right to Buy)
2010-03-26+1,000,000→ 1,000,000 total
Exercise: $0.20→ Common Stock (1,000,000 underlying)
Other
Common Stock
2009-06-30+500,000→ 4,700,000 total
Award
Option (Right to Buy)
2008-07-01+850,000→ 850,000 total
Exercise: $0.45→ Common Stock (850,000 underlying)

Holdings

Common Stock
(indirect: See footnote)
39,318,777
Common Stock
(indirect: See footnote)
1,500,000

Footnotes (9)

[F1]These shares were issued as additional consideration to the Reporting Person in connection with the Reporting Person's purchase of an unsecured promissory note from the Issuer.
[F2]On October 2, 2009, John Thomas Bridge and Opportunity Fund II, LP, a Delaware limited partnership ("JTBOF II"), loaned $210,000.00 to the Issuer, as a result of which the Issuer executed a promissory note for the benefit of JTBOF II (the "October 2, 2010 Note"). As part of the consideration for the loan, under the terms of the October 2, 2010 Note the Issuer issued 2,100,000 shares of common stock to JTBOF II.
[F3]On December 8, 2009, JTBOF II, loaned $210,000.00 to the Issuer, as a result of which the Issuer executed a promissory note for the benefit of JTBOF II (the "December 8, 2010 Note"). As part of the consideration for the loan, under the terms of the December 8, 2010 Note the Issuer issued 2,250,000 shares of common stock to JTBOF II.
[F4]These shares reported are directly owned by JTBOF II. John Thomas Capital Management Group, LLC ("JTCMG") serves as the general partner of JTBOF II. The Reporting Person is the managing member of JTCMG.
[F5]These shares reported are directly owned by John Thomas Bridge and Opportunity Fund, LP, a Delaware limited partnership ("JTBOF"). JTCMG serves as the general partner of JTBOF. The Reporting Person is the managing member of JTCMG.
[F6]These shares reported are directly owned by Marathon Advisors, LLC ("Marathon"). The Reporting Person may be deemed to share voting and dispositive power with respect to the shares of common stock of the Issuer beneficially owned by Marathon.
[F7]The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
[F8]Awarded pursuant to the Issuer's 2008 Stock Option Plan. The options vest 100% on March 24, 2011 and are exercisable at any time within three years of such vesting, provided the Reporting Person's employment with the Issuer is not terminated subsequent to the vesting date.
[F9]Options vest 33% each year beginning July 2, 2008 and expire five years from date of vesting, being July 2, 2013, 2014, and 2015 respectively.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

AMERICA WEST RESOURCES, INC.

CIK 0000867687

→

Entity typeother

Related Parties

filerCIK 0001432520

Filing Metadata

Form type: 4
Filed: Apr 12, 8:00 PM ET
Accepted: Apr 13, 5:27 PM ET
Size: 16.9 KB

View on SEC.gov