4//SEC Filing
Jacobi Abraham 4
Accession 0001144204-09-051399
CIK 0001268236other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 7:31 PM ET
Size
7.4 KB
Accession
0001144204-09-051399
Insider Transaction Report
Form 4
Jacobi Abraham
10% Owner
Transactions
- Other
Common Stock, par value $0.001
2009-09-30+1,494→ 13,057 total - Other
Common Stock, par value $0.001
2009-06-30+1,449→ 11,563 total
Footnotes (3)
- [F1]The securities acquired were issued as dividends on the 62,500 shares of the issuer's Series A Cumulative Convertible Preferred Stock ("Preferred Stock") owned by the reporting person. Each such share accrues cumulative dividends on a quarterly basis at a rate of 8% per annum for three years. All dividends will be paid in shares of the issuer's Common Stock having a fair market value at the time of issuance equal to the amount of dividends to be paid. Any shares of Preferred Stock outstanding on May 9, 2010 automatically convert into a number of shares of Common Stock determined by dividing the liquidation preference by the conversion rate of the Preferred Stock then in effect.
- [F2]Represents the aggregate number of shares of Common Stock accrued as dividends through June 30, 2009.
- [F3]Represents the aggregate number of shares of Common Stock accrued as dividends through September 30, 2009.
Documents
Issuer
New Generation Biofuels Holdings, Inc
CIK 0001268236
Entity typeother
Related Parties
1- filerCIK 0001459305
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 7:31 PM ET
- Size
- 7.4 KB