4//SEC Filing
Veera Samyak 4
Accession 0001079973-10-000221
CIK 0001140586other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 6:12 PM ET
Size
10.1 KB
Accession
0001079973-10-000221
Insider Transaction Report
Form 4
Veera Samyak
Director10% Owner
Transactions
- Award
Common Stock
2010-02-16$0.10/sh+8,000,000$800,000→ 29,188,881 total(indirect: Owned by Iris Energy Holdings Ltd)
Holdings
- 1,750,000
Options to acquire Common Stock
Exercise: $0.30From: 2010-01-12Exp: 2015-01-11→ Common Stock (500,000 underlying) - 3,681,500
Common Stock
Iris Energy Holdings Ltd
10% Owner
Transactions
- Award
Common Stock
2010-02-16$0.10/sh+8,000,000$800,000→ 29,188,881 total(indirect: Owned by Iris Energy Holdings Ltd)
Holdings
- 1,750,000
Options to acquire Common Stock
Exercise: $0.30From: 2010-01-12Exp: 2015-01-11→ Common Stock (500,000 underlying) - 3,681,500
Common Stock
Footnotes (3)
- [F1]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.
- [F2]On January 12, 2010, the Company's Board of Directors approved 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 (which have been included in the number of common stock beneficially owned above) and 375,000 in shares of the Company's common stock to be issued on or about June 1, 2010 (which have not been included in the number of common stock beneficially owned above). The shares to be issued to Mr. Veera have been valued at a price of $0.20 per share. As of the date of this report, the 375,000 shares to be issued on or about January 12, 2010 have not been issued.
- [F3]Mr. Veera is the sole director of Iris Energy Holding Ltd., a Somoa company.
Documents
Issuer
NEW FRONTIER ENERGY INC
CIK 0001140586
Entity typeother
Related Parties
1- filerCIK 0001465113
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 6:12 PM ET
- Size
- 10.1 KB