SHUMATE INDUSTRIES INC 4
4 · SHUMATE INDUSTRIES INC · Filed May 9, 2007
Insider Transaction Report
Form 4
SHUMATE INDUSTRIES INCSHMT.OB
STILLWATER NATIONAL BANK & TRUST CO
10% Owner
Transactions
- Other
Convertible Note
2006-12-01−2,500,000→ 0 totalExercise: $1.00From: 2005-10-19Exp: 2010-10-19→ Common stock (2,500,000 underlying) - Sale
Common stock
2007-04-27$1.30/sh+1,500,000$1,950,000→ 868,000 total
Footnotes (2)
- [F1]Sale proceeds were received on May 8, 2007.
- [F2]Redemption of convertible note.