WIGET ALOIS NIKLAUS 4
4 · CONSTITUTION MINING CORP · Filed Jan 24, 2011
Insider Transaction Report
Form 4
WIGET ALOIS NIKLAUS
Director
Transactions
- Purchase
Warrant
2011-01-20+164,500→ 164,500 total(indirect: By Witrag Management Consultants SA)Exercise: $0.10From: 2011-01-20Exp: 2011-08-20→ Common Stock (164,500 underlying) - Purchase
Common Stock
2011-01-20+350,000→ 350,000 total(indirect: By Vittoria Finance Limited) - Purchase
Common Stock
2011-01-20+205,000→ 205,000 total - Purchase
Warrant
2011-01-20+205,000→ 205,000 totalExercise: $0.10From: 2011-01-20Exp: 2011-08-20→ Common Stock (205,000 underlying) - Purchase
Common Stock
2011-01-20+164,500→ 164,500 total(indirect: By Witrag Management Consultants SA) - Purchase
Warrant
2011-01-20+350,000→ 350,000 total(indirect: By Vittoria Finance Limited)Exercise: $0.10From: 2011-01-20Exp: 2011-08-20→ Common Stock (350,000 underlying)
Holdings
- 600,000
Option to Buy
Exercise: $1.10From: 2010-07-22Exp: 2020-01-22→ Common Stock (600,000 underlying) - 100,000
Option to Buy
Exercise: $1.05From: 2009-05-10Exp: 2018-01-10→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]205,000 Units were issued to the Reporting Person in exchange for the conversion and extinguishing of $20,500 in debt owed by the Issuer using the conversion price of $0.10 per Unit. Each Unit consists of one (1) share of common stock of the Company, per value $0.001 per share ("Common Stock") and one (1) warrant to purchase one (1) share of Common Stock of the Company ("Warrant"). Each Warrant is exercisable for a period of eight (8) months from the date of issuance at a price of $0.10 per share.
- [F2]350,000 Units were issued to the Vittoria Finance Limited in exchange fo rthe conversion and extinguishing of $35,000 in debt owed by the Issuer using the conversion price of $0.10 per Unit. Each Unit consists of one (1) share of common stock of the Company, per value $0.001 per share ("Common Stock") and one (1) warrant to purchase one (1) share of Common Stock of the Compnay ("Warrant"). Each Warrant is exercisable for a period of eight (8) months from the date of issuance at a price of $0.10 per share. The Reporting Person is the beneficial owned of securities held by Vittoria Finance Limited.
- [F3]164,500 Units were issued to the Witrag Management Consultants SA in exchange for the conversion and extinguishing of $16,450 in debt owed by the Issuer using the conversion price of $0.10 per Unit. Each Unit consists of one (1) share of common stock of the Company, per value $0.001 per share ("Common Stock") and one (1) warrant to purchase one (1) share of Common Stock of the Company ("Warrant"). Each Warrant is exercisable for a period of eight (8) months from the date of issuance at a price of $0.10 per share. The Reporting Person is the beneficial owned of securities held by Witrag Management Consultants SA.
- [F4]Pursuant to the Issuer's Stock Incentive Plan, the Issuer granted the Reporting Person a vesting option to acquire 600,000 shares of common stock at an exercise price of $1.10 per share; one-half (that is, with respect to 300,000 shares) vest on July 20, 2010, and the remaining half (with respect to the remaining 300,000 shares) vest on January 22, 2011.