4//SEC Filing
SUMMERSON NEIL E 4
Accession 0001140361-09-016456
CIK 0000811419other
Filed
Jul 15, 8:00 PM ET
Accepted
Jul 16, 8:24 AM ET
Size
8.5 KB
Accession
0001140361-09-016456
Insider Transaction Report
Form 4
AMERALIA INCAALA
SUMMERSON NEIL E
Director
Transactions
- Award
Option to purchase common stock
2009-07-01+37,500→ 37,500 totalExercise: $0.29From: 2010-01-04Exp: 2012-06-30→ Common stock (37,500 underlying) - Award
Common Stock
2009-07-14$0.50/sh+6,750$3,375→ 325,167 total(indirect: By Glendower Investments Pty Ltd)
Footnotes (3)
- [F1]Pursuant to Mr. Summerson's stock option agreement to purchase 37,500 shares, Mr. Summerson net exercised the option pursuant to the Option Agreement. As a result of the net exercise and pursuant to the formula contained in the option agreement, Mr. Summerson received 6,750 shares of Common Stock.
- [F2]The formula used in determining the amount of Common Stock shares to be issued upon surrender of the Option Agreement is as follows: the sum of the total number of shares included in the option agreement less the same number multiplied by the Exercise Price and divided by the Market Price. The Market Price is the highest sale price of the Company's stock as reported by NASDAQ or equivalent market on the date written notice is provided to the Company to exercise the option or if there has been no sale on that date, the highest sale price on the day on which the stock last traded prior to that date.
- [F3]Received as compensation for serving on the board of directors.
Documents
Issuer
AMERALIA INC
CIK 0000811419
Entity typeother
Related Parties
1- filerCIK 0001070400
Filing Metadata
- Form type
- 4
- Filed
- Jul 15, 8:00 PM ET
- Accepted
- Jul 16, 8:24 AM ET
- Size
- 8.5 KB