4//SEC Filing
ALBERS ERNEST GEOFFREY 4
Accession 0001079973-05-000205
CIK 0000312583other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 3:27 PM ET
Size
21.6 KB
Accession
0001079973-05-000205
Insider Transaction Report
Form 4
ALBERS ERNEST GEOFFREY
Director10% Owner
Transactions
- Award
Common Stock
2005-03-31+3,000,000→ 38,593,400 total - Award
Cumulative Redeemable Preferred ($0.05 Par Value)
2003-05-27+19,091,500→ 19,091,500 total(indirect: See footnote)Exercise: $0.15→ Common Stock (7,636,620 underlying) - Purchase
Common Stock
2005-03-31+10,000,000→ 35,593,400 total(indirect: See footnotes) - Award
Common Stock
2003-10-30+10,000,000→ 25,593,400 total(indirect: See footnotes) - Award
Common Stock
2003-05-27+5,000,000→ 15,593,400 total(indirect: See footnotes) - Purchase
Cumulative Redeemable Preferred ($0.05 Par Value)
2005-03-31−19,091,500→ 0 total(indirect: See footnote)Exercise: $0.15→ Common Stock (7,636,620 underlying)
Holdings
- 10,593,400(indirect: See footnote)
Common Stock
Footnotes (11)
- [F1]10,593,400 shares of Common Stock issued in 1987 and previously reported, are held in the following names: Great Missenden Group Pty Ltd 5,593,400 Great Australia Corporation Pty Ltd 2,000,000 Otway Oil & Gas Pty Ltd 3,000,000 The Reporting Person is a shareholder and director of each of these companies and may hold dispositive power over certain shares held by Great Missenden Group Pty Ltd, Great Australia Corporation Pty Ltd and Otway Oil & Gas Pty Ltd. The Reporting Person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for the purposes of Section 16 or any other purpose.
- [F10]Perpetual
- [F11]Transaction codes: S and K
- [F2]5,000,000 shares of Common Stock and 19,091,500 shares of perpetual Cumulative Convertible Preferred Stock $0.05 Par Value were issued on 27 May 2003 by Rocky Mountain Minerals, Inc pursuant to the terms of and for the consideration set out in the Farmin Agreement made between Rocky Mountain Minerals, Inc and each of Octanex NL and Strata Resources NL and pursuant to a Deed of Settlement made by Rocky Mountain Minerals, Inc. as Settlor and Fidelity Investments Ltd as Trustee. Each of Octanex NL and Strata Resources NL are the beneficiaries entitled to the proceeds of sale of such securities pursuant to the Deed of Settlement. Neither Octanex nor Strata have any legal or beneficial interest in such securities, but are entitled in the circumstances set out in the Deed of Settlement and in the Farmin Agreement to the proceeds of such trust securities.
- [F3]The Reporting Person may be deemed to have a pecuniary interest in such Common Stock and Preferred Stock as the Reporting Person is a director and shareholder of each of Octanex NL and Strata Resources NL, the beneficiaries of a Deed of Settlement and resulting trust for sale. Neither Octanex N.L. nor Strata Resources N.L. have any dispositive power in respect to such securities, but are entitled in the circumstances set out in the Deed of Settlement and the Farmin Agreement to the proceeds of sale of such trust securities. The Reporting Person disclaims beneficial ownership of the shares held by Fidelity Investments Ltd, except to the extent of his indirect and remote pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of any or all of the reported shares for the purposes of Section 16 or any other purpose.
- [F4]10,000,000 shares of Common Stock were issued on 30 October 2003 by Rocky Mountain Minerals, Inc as to 5,000,000 shares each to Octanex N.L. and Strata Resources N.L. pursuant to the terms of an Addendum to the Farmin Agreement made between Rocky Mountain Minerals, Inc and each of Octanex NL and Strata Resources NL. Neither Octanex nor Strata have any legal or beneficial interest in such securities, but are entitled in the circumstances set out in the Deed of Settlement and in the Farmin Agreement to the proceeds of such trust securities.
- [F5]The Reporting Person may be deemed to have a pecuniary interest in such Common stock as the Reporting Person is a director and shareholder of each of Octanex NL and Strata Resources NL. The Reporting Person disclaims beneficial ownership of the shares held by Octanex N.L. and Strata Resources N.L., except to the extent of his indirect pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of any or all of the reported shares for the purposes of Section 16 or any other purpose.
- [F6]Transaction codes: P and K
- [F7]On 31 March 2005 the Reporting Person was advised that effective or after 24 February 2004 10,000,000 shares of Common Stock were acquired by way of swap by Fidelity Investments Ltd as Trustee for the aforesaid Deed of Settlement in consideration (exchange) for 19,091,500 Preferred Stock disposed of by Fidelity Investments Ltd. The Reporting Person may be deemed to have a pecuniary interest in such stock as the Reporting Person is a director and shareholder of each of Octanex NL and Strata Resources NL who are parties to a Farmin Agreement and who are the beneficiaries of a Deed of Settlement and resulting trust for sale of such securities. The Deed of Settlement entered into between Rocky Mountain Minerals, Inc. and Fidelity Investments Ltd secures payment due by Rocky Mountain Minerals, Inc. pursuant to the Farmin Agreement.
- [F8]Neither Octanex N.L. nor Strata Resources N.L. have any dispositive power in respect to such securities, but are entitled in the circumstances set out in the Deed of Settlement and the Farmin Agreement to the proceeds of sale of such trust securities. The Reporting Person disclaims beneficial ownership of the shares held by Fidelity Investments Ltd, except to the extent of his indirect and remote pecuniary interest therein as a director and shareholder in each of Octanex NL and Strata Resources NL. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of any or all of the reported shares for the purposes of Section 16 or any other purpose.
- [F9]On 31 March 2005 3,000,000 shares of Common Stock were issued by Rocky Mountain Minerals, Inc. to the Reporting Person as consideration for accrued wages and expenses of $45,000.
Documents
Issuer
ROCKY MOUNTAIN MINERALS INC
CIK 0000312583
Entity typeother
Related Parties
1- filerCIK 0001280583
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 3:27 PM ET
- Size
- 21.6 KB