Veera Samyak 4
4 · NEW FRONTIER ENERGY INC · Filed Aug 21, 2009
Insider Transaction Report
Form 4
Veera Samyak
Director10% Owner
Transactions
- Award
Common Stock
2009-08-17+2,056,500→ 3,306,500 total - Award
Options to acquire Common Stock
2009-08-17+1,250,000→ 1,250,000 totalExercise: $0.20From: 2009-08-17Exp: 2011-08-17→ Common Stock (1,250,000 underlying)
Footnotes (1)
- [F1]Effective August 17, 2009, Samyak Veera was granted 2,056,500 shares of New Frontier Energy, Inc.'s (the "Company") $0.001 par value common stock ("Common Stock") and a two year option to acquire 1,250,000 shares of the Company's Common Stock at a price of $0.20 per share for certain consulting services previously rendered and as a structuring fee relating to the deposit of $500,000 into a segregated account in connection with New Frontier Energy, Inc.'s Participation Agreement between Entek GRB LLC as Farmee, and New Frontier Energy, Inc. as Farmor.