Sandher Kulwant 4
4 · DELTA OIL & GAS INC · Filed Apr 7, 2009
Insider Transaction Report
Form 4
Sandher Kulwant
DirectorChief Financial Officer
Transactions
- Purchase
Common Stock
2009-03-27+254,157→ 1,016,667 total - Award
Common Stock
2009-04-01+400,000→ 1,416,667 total
Footnotes (2)
- [F1]The reporting person disposed of 762,500 shares of The Stallion Group Common Stock in exchange for 254,167 shares of the Issuer's Common Stock and $610 in a tender offer by the Issuer to acquire the outstanding shares of The Stallion Group.
- [F2]These shares were issued to the reporting person in consideration for services rendered under a Consulting Agreement entered into on January 1, 2008 between the Issuer and Hurricane Corporate Services Ltd., a company controlled by Mr. Sandher. This Consulting Agreement was filed as Exhibit 10.13 to the Issuer's Registration Statement on Form S-4 filed January 23, 2009.