MCCORMICK STEVE D 4
4 · MCKENZIE BAY INTERNATIONAL LTD · Filed Sep 2, 2005
Insider Transaction Report
Form 4
MCCORMICK STEVE D
Director10% Owner
Transactions
- Purchase
Common Shares
2005-08-17$0.60/sh+166,667$100,000→ 3,670,058 total - Award
Warrant- right to purchase
2005-08-17+83,334→ 6,283,334 totalExercise: $1.25From: 2005-08-17Exp: 2007-08-17→ Common Shares (83,334 underlying)
Footnotes (4)
- [F1]Rule 144 applies on this purchase of stock
- [F2]Reporting person has direct ownership of 196,967 shares, indirect ownership of 2,535,018 held jointly with spouse, indirect ownership of 10,240 shares held in minor child's name and indirect ownership of 927,833 held in Roberts & Son Contruction Company where reporting person maintains the position as President. Total shares both free trade and restricted under Rule 144 equals 3,670,058 shares.
- [F3]Reporting person has a total of 6,283,334 warrants and options which include director options granted from the Company, McKenzie Bay International Ltd.
- [F4]Reporting person purchased a Private Placement and recieved 166,667 restricted 144 shares and a warrant to purchase 83,334 shares at a price of $1.25 which can be exercised from 8/17/2005-8/17/2005.