4//SEC Filing
Veera Samyak 4
Accession 0001079973-10-000134
CIK 0001140586other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 6:26 PM ET
Size
10.9 KB
Accession
0001079973-10-000134
Insider Transaction Report
Form 4
Veera Samyak
Director10% Owner
Transactions
- Award
Common Stock
2010-01-12$0.20/sh+375,000$75,000→ 3,681,500 total - Award
Options to acquire Common Stock
2010-01-12+500,000→ 1,750,000 totalExercise: $0.30From: 2010-01-12Exp: 2015-01-11→ Common Stock (500,000 underlying)
Holdings
- 21,188,881(indirect: Owned by Iris Energy Holdings Ltd)
Common Stock
Iris Energy Holdings Ltd
10% Owner
Transactions
- Award
Common Stock
2010-01-12$0.20/sh+375,000$75,000→ 3,681,500 total - Award
Options to acquire Common Stock
2010-01-12+500,000→ 1,750,000 totalExercise: $0.30From: 2010-01-12Exp: 2015-01-11→ Common Stock (500,000 underlying)
Holdings
- 21,188,881(indirect: Owned by Iris Energy Holdings Ltd)
Common Stock
Footnotes (4)
- [F1]On January 12, 2010, the Company's Board of Directors approve the issuance to Mr. Veera of 750,000 shares of the Company's common stock as compensation for Mr. Veera's services for the period from December 1, 2009 to December 1, 2010. The shares are to be issued in two tranches, with 375,000 in shares of the Company's common stock to be issued on or about January 12, 2010 and 375,000 in shares of the Company's common stock to be issued on or about June 1, 2010. The shares to be issued to Mr. Veera have been valued at a price of $0.20 per share.
- [F2]Shares beneficially owned directly by Mr. Veera consist of 2,431,500 shares of the Company's $0.001 par value common stock, 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 that expires on August 17, 2011 and options to acquire 500,000 of common stock at a price of $0.30 per share granted to Mr. Veera on January 12, 2010 that expire on January 11, 2015.
- [F3]Mr. Veera is the sole director of Iris Energy Holding Ltd., a Samoa company.
- [F4]On December 1, 2009, the Company's Series C Preferred Stock automatically converted into shares of the Company's Common Stock. On December 1, 2009, the Series C Preferred Stock held by Iris Energy Holdings Ltd. automatically converted into 20,538,881 shares of the Company's common stock.
Documents
Issuer
NEW FRONTIER ENERGY INC
CIK 0001140586
Entity typeother
Related Parties
1- filerCIK 0001465113
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 6:26 PM ET
- Size
- 10.9 KB