Earnings Feed
Start Free
Home/Filings/4/0001079973-09-001120
4//SEC Filing

Veera Samyak 4

Accession 0001079973-09-001120

CIK 0001140586other
View on SEC.govCompany Profile

Filed

Nov 22, 7:00 PM ET

Accepted

Nov 23, 6:03 PM ET

Size

20.6 KB

Accession

0001079973-09-001120

Insider Transaction Report

Form 4
Period: 2009-11-19
NEW FRONTIER ENERGY INCNFEI
Veera Samyak
Director10% Owner
Transactions
  • Other

    Options to acquire Common Stock

    2009-10-01+2,857,140→ 13,630,940 total(indirect: Iris Energy Holdings, Ltd.)
    Exercise: $1.50From: 2007-01-17Exp: 2010-01-17→ Common Stock (2,857,140 underlying)
  • Other

    Common Stock Underlying Series C Preferred Stock

    2009-10-01+12,380,940→ 32,202,480 total(indirect: Iris Energy Holdings, Ltd.)
    Exercise: $1.05From: 2006-12-01Exp: 2009-12-01→ Common Stock (12,380,940 underlying)
  • Other

    Options to acquire Common Stock

    2009-10-01+1,428,600→ 19,821,540 total(indirect: Iris Energy Holdings, Ltd.)
    Exercise: $2.00From: 2007-01-17Exp: 2010-01-17→ Common Stock (1,428,600 underlying)
  • Other

    Options to acquire Common Stock

    2009-10-01+9,523,800→ 10,773,800 total(indirect: Iris Energy Holdings, Ltd.)
    Exercise: $1.50From: 2006-12-01Exp: 2009-12-01→ Common Stock (9,523,800 underlying)
  • Purchase

    Common Stock

    2009-11-19$0.10/sh+6,500,000$650,000→ 37,452,480 total(indirect: Owned by Iris Energy Holdings Ltd)
  • Other

    Options to acquire Common Stock

    2009-10-01+4,762,000→ 18,392,940 total(indirect: Iris Energy Holdings, Ltd.)
    Exercise: $2.00From: 2006-12-01Exp: 2009-12-01→ Common Stock (4,762,000 underlying)
Holdings

  • Common Stock

    3,365,500
Iris Energy Holdings Ltd
10% Owner
Transactions
  • Other

    Options to acquire Common Stock

    2009-10-01+4,762,000→ 18,392,940 total(indirect: Iris Energy Holdings, Ltd.)
    Exercise: $2.00From: 2006-12-01Exp: 2009-12-01→ Common Stock (4,762,000 underlying)
  • Other

    Options to acquire Common Stock

    2009-10-01+1,428,600→ 19,821,540 total(indirect: Iris Energy Holdings, Ltd.)
    Exercise: $2.00From: 2007-01-17Exp: 2010-01-17→ Common Stock (1,428,600 underlying)
  • Other

    Options to acquire Common Stock

    2009-10-01+9,523,800→ 10,773,800 total(indirect: Iris Energy Holdings, Ltd.)
    Exercise: $1.50From: 2006-12-01Exp: 2009-12-01→ Common Stock (9,523,800 underlying)
  • Purchase

    Common Stock

    2009-11-19$0.10/sh+6,500,000$650,000→ 37,452,480 total(indirect: Owned by Iris Energy Holdings Ltd)
  • Other

    Options to acquire Common Stock

    2009-10-01+2,857,140→ 13,630,940 total(indirect: Iris Energy Holdings, Ltd.)
    Exercise: $1.50From: 2007-01-17Exp: 2010-01-17→ Common Stock (2,857,140 underlying)
  • Other

    Common Stock Underlying Series C Preferred Stock

    2009-10-01+12,380,940→ 32,202,480 total(indirect: Iris Energy Holdings, Ltd.)
    Exercise: $1.05From: 2006-12-01Exp: 2009-12-01→ Common Stock (12,380,940 underlying)
Holdings

  • Common Stock

    3,365,500
Footnotes (5)
  • [F1]Effective October 1, 2009, Mr. Veera was appointed the sole director of Iris Energy Holding Ltd., a Somoa company.
  • [F2]Between December 1, 2006 and January 17, 2007, Iris Energy used its working capital to purchase 130,000 shares of New Frontier Energy, Inc.'s (the "Issuer") 2.5% Series C Cumulative Convertible Preferred Stock (the "Series C Preferred Stock") and acquired the 12,380,940 warrants to acquire shares of the Issuer's $0.001 par value common stock at a price of $1.50 per share (the "AC Warrants") and 6,190,600 warrants to acquire shares of the Issuer's $0.001 par value common stock at a price of $2.00 per share (the "BC Warrants") for $13,000,000.
  • [F3]The terms of the Series C Preferred Stock, the AC Warrants and the BC Warrants contained certain conversation/exercise cap limitations that prevented Iris Energy from acquiring greater than 9.99% beneficial ownership of the shares of Common Stock underlying these securities. These conversation cap limitations expired by their terms on or about October 1, 2009. The Series C Preferred Stock is mandatorily convertible into shares of Common Stock on December 1, 2009.
  • [F4]Represents 2,056,500 shares of the Issuer's $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 granted to Mr. Veera on August 17, 2009.
  • [F5]Reflects the purchase by Iris Energy Holdings Ltd. of 6,500,000 shares of the Issuer's Common Stock on November 19, 2009 at a price of $0.10 per share

Documents

1 file

Issuer

NEW FRONTIER ENERGY INC

CIK 0001140586

→
Entity typeother

Related Parties

1
  • filerCIK 0001465113

Filing Metadata

Form type
4
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 6:03 PM ET
Size
20.6 KB
View on SEC.gov