4//SEC Filing
GHERMEZIAN SYD 4
Accession 0001140361-10-026163
CIK 0001329605other
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 5:14 PM ET
Size
20.7 KB
Accession
0001140361-10-026163
Insider Transaction Report
Form 4
Transactions
- Other
Common Stock, par value $0.0001 per share
2010-06-14+10,260→ 12,725,523 total(indirect: See footnotes) - Other
Common Stock, par value $0.0001 per share.
2010-06-15+34,000→ 12,759,523 total(indirect: See footnotes) - Purchase
Common Stock, par value $0.0001 per share.
2010-06-16+101,982→ 12,861,505 total - Other
Common Stock, par value $0.0001 per share.
2010-06-16+101,982→ 12,861,505 total(indirect: See footnotes) - Purchase
Common Stock, par value $0.0001 per share
2010-06-14+10,260→ 12,725,523 total - Purchase
Common Stock, par value $0.0001 per share.
2010-06-15+34,000→ 12,759,523 total
GHERMEZIAN SYD
10% Owner
Transactions
- Other
Common Stock, par value $0.0001 per share
2010-06-14+10,260→ 12,725,523 total(indirect: See footnotes) - Other
Common Stock, par value $0.0001 per share.
2010-06-15+34,000→ 12,759,523 total(indirect: See footnotes) - Purchase
Common Stock, par value $0.0001 per share
2010-06-14+10,260→ 12,725,523 total - Purchase
Common Stock, par value $0.0001 per share.
2010-06-15+34,000→ 12,759,523 total - Other
Common Stock, par value $0.0001 per share.
2010-06-16+101,982→ 12,861,505 total(indirect: See footnotes) - Purchase
Common Stock, par value $0.0001 per share.
2010-06-16+101,982→ 12,861,505 total
Footnotes (5)
- [F1]This is a joint filing by Pacific International Group Holdings LLC ("Pacific") and Syd Ghermezian (collectively, the "Reporting Persons"). (continued in footnote 2)
- [F2](continued from footnote 1) On June 14, 2010, Pacific agreed to acquire an aggregate of 10,260 shares of Common Stock from certain third parties (the "Sellers") for the cash price of $0.30 per share, or the aggregate amount of $3,078.00. On June 15, 2010, Pacific agreed to acquire an aggregate of 34,000 shares of Common Stock from the Sellers for the cash price of $0.30 per share, or the aggregate amount of $10,200.00. On June 16, 2010, Pacific agreed to acquire an aggregate of 101,982 shares of Common Stock from the Sellers for the cash price of $0.30 per share, or the aggregate amount of $30,594.60. (continued in footnote 3)
- [F3](continued from footnote 2) At the suggestion of the Sellers, the Reporting Persons also agreed to make a charitable donation in the amount of $85,000 to a mutually designated, third-party 501(c)(3) qualified, not-for-profit charity organization. (continued in footnote 4)
- [F4](continued from footnote 3) The ultimate economic interest in Pacific is held by certain members of the Ghermezian family through their direct or indirect ownership of various entities that own Pacific. Syd Ghermezian is the Manager of Pacific. As such, Mr. Ghermezian may be deemed to be the indirect beneficial owner with shared voting and dispositive power of the shares of Common Stock that Pacific may be deemed to directly beneficially own. Therefore, Mr. Ghermezian may be deemed to be the indirect beneficial owner with shared voting and dispositive power of the aggregate 146,242 shares of Common Stock that Pacific has agreed to acquire. (continued in footnote 5)
- [F5](continued from footnote 4) Pacific and Mr. Ghermezian may be regarded as a group. However, Pacific and Mr. Ghermezian disclaim beneficial ownership of the securities owned directly or indirectly by each other, except for their respective pecuniary interests therein. Pacific and Mr. Ghermezian also disclaim membership in any group. This filing shall not constitute an acknowledgement that either Pacific or Mr. Ghermezian is part of any group.
Documents
Issuer
PLATINUM ENERGY RESOURCES INC
CIK 0001329605
Entity typeother
Related Parties
1- filerCIK 0001429082
Filing Metadata
- Form type
- 4
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 5:14 PM ET
- Size
- 20.7 KB