4//SEC Filing
Jarkesy George R. Jr. 4
Accession 0001078782-11-001201
CIK 0000867687other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 12:04 PM ET
Size
26.7 KB
Accession
0001078782-11-001201
Insider Transaction Report
Form 4
AMERICA WEST RESOURCES, INC.AWSR.OB
Jarkesy George R. Jr.
Director10% Owner
Transactions
- Conversion
10% Convertible Debentures
2011-03-31$1.00/sh→ 0 total(indirect: See footnote)Exercise: $1.00From: 2011-03-31Exp: 2011-03-31→ Common Stock (1,800,000 underlying) - Other
Common Stock
2011-01-21+62,821→ 3,743,553 total(indirect: See footnote) - Conversion
Common Stock
2011-03-31$1.00/sh+1,800,000$1,800,000→ 5,543,553 total(indirect: See footnote) - Other
Common Stock
2010-10-29+891,250→ 1,295,417 total(indirect: See footnote) - Conversion
Common Stock
2011-03-31$1.00/sh+1,200,000$1,200,000→ 2,520,834 total(indirect: See footnote) - Purchase
8% Secured Convertible Note
2011-03-31→ 0 total(indirect: See footnote)Exp: 2014-06-01→ Common Stock - Other
Common Stock
2010-10-29+279,167→ 3,680,732 total(indirect: See footnote) - Other
Common Stock
2011-01-21+25,417→ 1,320,834 total(indirect: See footnote) - Purchase
8% Secured Convertible Note
2011-03-31→ 0 total(indirect: See footnote)Exp: 2014-06-01→ Common Stock - Conversion
10% Convertible Debentures
2011-03-31$1.00/sh→ 0 total(indirect: See footnote)Exercise: $1.00From: 2011-03-31Exp: 2011-03-31→ Common Stock (1,200,000 underlying)
Holdings
- 125,000(indirect: See footnote)
Common Stock
- 386,111
Common Stock
Footnotes (9)
- [F1]Issued as additional consideration in connection with the purchase of a promissory note.
- [F2]These securities reported are directly owned by John Thomas Bridge and Opportunity Fund, LP ("JTBOF"). John Thomas Capital Management Group, LLC ("JTCMG") serves as the general partner of JTBOF. The Reporting Person is the managing member of JTCMG.
- [F3]These securities reported are directly owned by John Thomas Bridge and Opportunity Fund II, LP ("JTBOF II"). JTCMG serves as the general partner of JTBOF II. The Reporting Person is the managing member of JTCMG.
- [F4]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.
- [F5]The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
- [F6]Represents a series of 10% Convertible Debentures converted on March 31, 2011 because the Issuer satisfied certain conditions by that date.
- [F7]The 8% Convertible Debenture is convertible by JTBOF into common stock of the Issuer as follows: (i) $1.00 per share for up to 207,559 shares of common stock; (ii) $1.25 per share after 207,559 shares of common stock have been converted until 290,582 shares have been converted and (iii) $1.50 per share thereafter. The number of shares that JTBOF may convert will depend on the principal and interest outstanding on the 8% Convertible Note at any time.
- [F8]Immediately.
- [F9]The 8% Convertible Debenture is convertible by JTBOF II into common stock of the Issuer as follows: (i) $1.00 per share for up to 172,155 shares of common stock; (ii) $1.25 per share after 172,155 shares of common stock have been converted until 241,017 shares have been converted and (iii) $1.50 per share thereafter. The number of shares that the JTBOF II may convert will depend on the principal and interest outstanding on the 8% Convertible Note at any time.
Documents
Issuer
AMERICA WEST RESOURCES, INC.
CIK 0000867687
Entity typeother
Related Parties
1- filerCIK 0001432520
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 12:04 PM ET
- Size
- 26.7 KB