4//SEC Filing
WIGET ALOIS NIKLAUS 4
Accession 0001117768-11-000201
CIK 0001168938other
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 1:01 PM ET
Size
17.7 KB
Accession
0001117768-11-000201
Insider Transaction Report
Form 4
WIGET ALOIS NIKLAUS
Director
Transactions
- Disposition to Issuer
Option to Buy
2011-03-18−100,000→ 0 totalExercise: $1.05From: 2009-05-10Exp: 2018-11-10→ Common Stock (100,000 underlying) - Disposition to Issuer
Option to Buy
2011-03-18−600,000→ 0 totalExercise: $1.10From: 2010-07-22Exp: 2020-01-22→ Common Stock (600,000 underlying) - Disposition to Issuer
Option to Buy
2011-03-18−100,000→ 0 totalExercise: $0.70From: 2009-11-20Exp: 2019-05-20→ Common Stock (100,000 underlying)
Holdings
- 164,500(indirect: By Witrag Management Consultants SA)
Common Stock
- 205,000
Warrant
Exercise: $0.10From: 2011-01-20Exp: 2011-08-20→ Common Stock (205,000 underlying) - 350,000(indirect: By Vittoria Finance Limited)
Warrant
Exercise: $0.10From: 2011-01-20Exp: 2011-08-20→ Common Stock (350,000 underlying) - 205,000
Common Stock
- 350,000(indirect: By Vittoria Finance Limited)
Common Stock
- 164,500(indirect: By Witrag Management Consultants SA)
Warrant
Exercise: $0.10From: 2011-01-20Exp: 2011-08-20→ Common Stock (164,500 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, par 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 for the 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, par 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 owner 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, par 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 owner of securities held by Witrag Management Consultants SA.
- [F4]The option was cancelled by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $1 as consideration for the cancellation.
Documents
Issuer
GOLDSANDS DEVELOPMENT CO
CIK 0001168938
Entity typeother
Related Parties
1- filerCIK 0001441692
Filing Metadata
- Form type
- 4
- Filed
- Apr 11, 8:00 PM ET
- Accepted
- Apr 12, 1:01 PM ET
- Size
- 17.7 KB