Veera Samyak 4
4 · NEW FRONTIER ENERGY INC · Filed Dec 14, 2010
Insider Transaction Report
Form 4
NEW FRONTIER ENERGY INCNEFI.OB
Veera Samyak
Director10% Owner
Transactions
- Other
Common Stock
2010-12-10−35,038,881→ 4,556,500 total
Footnotes (2)
- [F1]On December 10, 2010, Michel Escher was appointed a director of Iris Energy Holding, Ltd., a Samoa company and Samyak Veera resigned as a director of Iris Energy Holding, Ltd. As such, Mr. Veera no longer has voting and dispositive power of the shares of New Frontier Energy, Inc. held by Iris Energy Holding, Ltd. and is not deemed to be the beneficial owner of such shares.
- [F2]Shares beneficially owned directly by Mr. Veera consist of 2,806,500 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.