WESTERN GOLDFIELDS INC 4
4 · WESTERN GOLDFIELDS INC · Filed Jul 3, 2007
Insider Transaction Report
Form 4
WESTERN GOLDFIELDS INCWGDF.OTCBB
Kololian Vahan
Director
Transactions
- Conversion
Options to Purchase Common Stock
2007-06-28−416,667→ 0 total(indirect: By TeraNova Partners L.P.)Exercise: $0.45From: 2006-02-13Exp: 2008-02-12→ Common Stock (416,667 underlying) - Other
Common Stock
2007-06-28$0.45/sh+416,667$187,500→ 1,250,001 total(indirect: By TeraNova Partners L.P.)
Footnotes (2)
- [F1]The reported securities are owned directly by TerraNova Partners L.P., a limited partnership of which the reporting person is the founder and managing partner. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F2]On June 28, 2007 TerraNova Partners L.P. exercised 416,667 warrants to purchase shares of common stock of Western Goldfields, Inc. for $0.45 per warrant.