FALCON NATURAL GAS CORP 3
3 · FALCON NATURAL GAS CORP · Filed Jan 22, 2008
Insider Transaction Report
Form 3
ANGELO MARK
10% OwnerOther
Holdings
- (indirect: By LLC)
Secured Convertible Debenture
Exercise: $0.10From: 2007-01-28Exp: 2010-01-28→ 8% Secured Convertible Debenture FNGC-1 - (indirect: By LLC)
Warrant
Exercise: $0.10From: 2006-03-26Exp: 2011-03-26→ Warrant to Purchase Common Stock (23,000,000 underlying) - 12,630,000(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]The exercise price of the Debenture is the lower of $0.10 or 80% of the lowest Volume Weighted Average Price ("VWAP") of such Common Stock during the five previous trading days.
- [F2]The exercise price of the Debenture is the lower of $0.02 or 80% of the lowest VWAP of such Common Stock during the five previous trading days.