DE MOTTE RAYMOND 4
4 · SOUTH AMERICAN GOLD CORP. · Filed Apr 15, 2011
Insider Transaction Report
Form 4
DE MOTTE RAYMOND
DirectorPresident and C.E.O.
Transactions
- Purchase
Common Stock
2011-04-12+2,000,000→ 2,000,000 total
Holdings
- 1,000,000
Option to Buy
Exercise: $0.59From: 2011-03-22Exp: 2021-03-21→ Common Stock (1,000,000 underlying)
Footnotes (2)
- [F1]The Reporting Person paid total cash consideration of $10.00 in a private purchase of 2,000,000 shares of Issuer's common stock.
- [F2]Pursuant to the Issuer's 2010 Stock Incentive Plan, the Issuer granted the Reporting Person an option to acquiire 1,000,000 shares of Common Stock at an exercise price of $0.59 per share. This option grant is fully vested and exercisable on the grant date.