Tomlinson Prentis B 4/A
4/A · PARTICLE DRILLING TECHNOLOGIES INC/NV · Filed Jun 22, 2005
Insider Transaction Report
Form 4/AAmended
Tomlinson Prentis B
10% Owner
Transactions
- Sale
Common Stock
2005-06-20$2.00/sh−51,350$102,700→ 2,979,707 total - Sale
Common Stock
2005-06-20$2.00/sh−21,650$43,300→ 2,958,057 total - Sale
Common Stock
2005-06-20$1.75/sh−78,858$138,002→ 3,031,057 total - Sale
Common Stock
2005-06-20$1.24/sh−100,000$123,500→ 2,858,057 total
Footnotes (3)
- [F1]The price per share reflects a cash payment of $70,000 or $2.00 per share for 35,000 shares of Issuer stock, and exchange of 54,500 shares of common stock of PSI Distribution Company Incorporated, a privately held company, for 16,350 shares of the Issuer in a 0.3 to 1 ratio, for a total amount of 51,350 shares of the Issuer.
- [F2]The price per share reflects a cash payment of $25,000 or $2.00 per share for 12,500 shares of Issuer stock, and exchange of 30,500 shares of common stock of PSI Distribution Company Incorporated, a privately held company, for 9,150 shares of the Issuer in a 0.3 to 1 ratio, for a total amount of 21,650 shares of the Issuer.
- [F3]The price per share reflects a cash payment of $59,730 or approximately $1.235 per share for 48,340 shares of Issuer stock, and receipt of 172,201 shares of common stock of PSI Distribution Company Incorporated, a privately held company, for 51,660 shares of the Issuer in a 0.3 to 1 ratio, for a total amount of 100,000 shares of the Issuer.