JOBANPUTRA KARIM 4
4 · SKY PETROLEUM, INC. · Filed May 23, 2012
Insider Transaction Report
Form 4
SKY PETROLEUM, INC.SKPI.OB
JOBANPUTRA KARIM
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2012-05-16$0.15/sh+65,000$9,750→ 2,065,000 total(indirect: See Footnote) - Purchase
Common Stock
2012-05-22$0.15/sh+100,000$15,000→ 2,165,000 total(indirect: See Footnote) - Purchase
Common Stock
2012-05-14$0.25/sh+2,000,000$500,000→ 2,000,000 total(indirect: See Footnote) - Purchase
Class A Warrants
2012-05-14+4,000,000→ 4,000,000 total(indirect: See Footnote)→ Common Stock (4,000,000 underlying)
Holdings
- 12,140,200
Common Stock
Footnotes (2)
- [F1]Held through Ocean Ridge Investments Limited S.A. The reporting person has a 75% controlling interest and 75% ownership interest in Ocean Ridge Investments Limited S.A.
- [F2]Ocean Ridge Investments Limited S.A. purchased 2,000,000 Class A units. Each Class A unit consists of 1 common share and 1 Class A warrant. Each Class A warrant is convertible into 1 Class B unit at an exercise price of $0.35 per Class B unit until 5/14/13. Each Class B unit consists of 1 common share and 1 Class B warrant. Each Class B warrant is exercisable to acquire 1 common share at an exercise price of $0.60 per share until 5/14/14.