BATES LES 4
4 · NEW FRONTIER ENERGY INC · Filed Jul 25, 2008
Insider Transaction Report
Form 4
BATES LES
DirectorChief Financial Officer
Transactions
- Purchase
Common Stock $0.001 Par Value
2008-07-23$1.01/sh+50,000$50,500→ 174,069 total - Award
Common Stock Options (right to buy) $0.01 Par Value
2008-07-23+1,000,000→ 1,200,000 totalExercise: $1.01From: 2008-07-23Exp: 2018-07-23→ Common Stock (1,200,000 underlying)
Holdings
- 1,200,000
Common Stock Options (right to buy)
→ Common Stock (1,200,000 underlying) - 19,551(indirect: See note)
Common Stock $0.001 Par Value
Footnotes (3)
- [F1]Includes 19,551 shares owned by Natural Resources Group, Inc., in which Mr. Bates is an officer, director and principal shareholder of the corporation.
- [F2]Includes (i) options to acquire 25,000 shares of Common Stock from the Company at a price of $1.00 expiring in 2013, (ii) options to acquire 100,000 shares of Common Stock from the Company at a price of $0.75 expiring in 2014, (iii) options to acquire 75,000 shares of Common Stock from the Company at a price of $1.15 expiring in 2015.(iv) options to acquire 1,000,000 shares of Common Stock from the Company at a price of $1,25 expiring in 2016 which vests 125,000 shares each fiscal quarter ending November 30, February 28, May 31, and August 31 through November 30, 2008
- [F3]Options to acquire 1,000,000 shares of Common Stock from the Company at a price of $1,01expiring in 2018.which vests 125,000 shares each fiscal quarter ending August 31,November 30, February 28, May 31, and August 31 through November 30, 2010