Doyle Rex 4
4 · EPIC ENERGY RESOURCES, INC. · Filed Mar 4, 2009
Insider Transaction Report
Form 4
Doyle Rex
DirectorChief Executive Officer
Transactions
- Award
Options
2006-10-24+100,000→ 100,000 totalExercise: $0.50From: 2006-10-24Exp: 2008-10-24→ n/a (0 underlying) - Disposition to Issuer
Common Stock
2007-03-12$3.02/sh−11,600,000$35,008,800→ 8,400,000 total - Award
Common Stock
2007-12-13$3.30/sh+300,000$990,000→ 8,700,000 total - Gift
Common Stock
2009-03-02−58,100→ 6,933,123 total - Award
Options
2008-10-24+100,000→ 100,000 totalExercise: $0.50From: 2008-10-24Exp: 2011-10-24→ n/a (0 underlying) - Purchase
Common Stock
2008-11-24$0.10/sh+100$10→ 8,700,100 total - Purchase
Common Stock
2008-11-24$0.09/sh+500$45→ 8,700,600 total - Purchase
Common Stock
2008-11-24$0.15/sh+500$75→ 8,701,100 total - Award
Common Stock
2008-12-13$0.12/sh+1,500,000$180,000→ 10,201,100 total - Disposition to Issuer
Common Stock
2009-03-02−3,209,877→ 6,991,223 total - Award
Options
2007-12-13+292,000→ 392,000 totalExercise: $3.30From: 2009-12-12Exp: 2012-12-13→ n/a (0 underlying) - Award
Options
2006-10-24+100,000→ 100,000 totalExercise: $3.00From: 2006-10-24Exp: 2008-10-24→ n/a (0 underlying)
Footnotes (5)
- [F1]Mr. Doyle unilaterally transferred 11,600,000 shares to the Issuer for cancellation.
- [F2]The 300,000 shares were awarded pursuant to the Issuer's Stock Bonus Plan.
- [F3]On December 13, 2008, 300,000 of these restricted shares were issued to Mr. Doyle and an additional 300,000 restricted shares will be issued to Mr. Doyle on each of December 13, 2009, 2010, 2011 and 2012; provided however these restricted shares are subject to certain restrictions and forfeitures described in Epic's Form 8-K filed with the SEC on December 30, 2008.
- [F4]Pursuant to an Amendment Agreement dated February 26, 2009 covering the Company's 10% Secured Indebtedness and a related document, Mr. Doyle transferred 3,209,877 shares to the holders of the Company's 10% Secured Debentures that entered into the Amendment Agreement.
- [F5]The shares of common stock underlying these options were never exercised by Mr. Doyle and expired on October 24, 2008.