4//SEC Filing
Roy Gavin Hugh 4
Accession 0001140361-11-007971
CIK 0001350770other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 7:05 PM ET
Size
8.7 KB
Accession
0001140361-11-007971
Insider Transaction Report
Form 4
Roy Gavin Hugh
DirectorPresident10% Owner
Transactions
- Award
Common Stock Warrants
2011-02-08+5,163,313→ 5,163,313 total(indirect: Magellan Management Company)Exercise: $0.05From: 2011-02-08Exp: 2016-02-08→ Common Stock (5,163,313 underlying) - Purchase
Common Stock
2011-02-08$0.05/sh+5,163,313$258,166→ 10,523,226 total(indirect: Magellan Management Company)
Footnotes (3)
- [F1]The reporting persons purchase of common stock and warrants reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 528,300 shares, with the reporting person's sale of 2,150 (post 50 to 1 reverse split) shares of the Issuer's common stock at a price of $0.31650 (post 50 to 1 reverse split) per share on August 13, 2010 and with the reporting person's sale of 8,416 (post 50 to 1 reverse split) shares of the Issuer's common stock at a price of $0.32250 (post 50 to 1 reverse split) per share on August 23, 2010. The reporting person has agreed to pay to the Issuer, upon settlement of the sale, $2,866.34, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
- [F2]Indirectly held through Magellan Management Company; Gavin Hugh Roy is the principal of Magellan Management Company and has sole voting and investment control over the shares. The reporting person purchased 5,163,313 shares of common stock and 5,163,313 warrants. Each warrant is exercisable to acquire one additional share of common stock at $0.05 per share until February 8, 2016.
- [F3]On October 4, 2010, the Issuer effected a 50 to 1 reverse split of its common stock. Share and price information in this report gives effect to the reverse split.
Documents
Issuer
Black Tusk Minerals Inc.
CIK 0001350770
Entity typeother
Related Parties
1- filerCIK 0001324092
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 7:05 PM ET
- Size
- 8.7 KB