SILVER JACK 4
4 · UNITED ENERGY CORP /NV/ · Filed Jan 19, 2011
Insider Transaction Report
Form 4
UNITED ENERGY CORP /NV/UNRG.OB
SILVER JACK
Director10% Owner
Transactions
- Purchase
Amended and Restated 12% Secured Convertible Promissory Note
2011-01-14+423,750→ 423,750 total(indirect: See Footnote)Exercise: $0.09→ Common Stock (423,750 underlying) - Purchase
Secured Convertible Promissory Note
2011-01-14+555,556→ 555,556 total(indirect: See Footnote)Exercise: $0.09→ Common Stock (555,556 underlying) - Purchase
Warrant
2011-01-14+200,000→ 200,000 total(indirect: See Footnote)Exercise: $0.13Exp: 2014-03-23→ Common Stock (200,000 underlying) - Purchase
Warrant
2011-01-14+400,000→ 400,000 total(indirect: See Footnote)Exercise: $0.09Exp: 2014-10-31→ Common Stock (400,000 underlying) - Purchase
Warrant
2011-01-14+1,803,500→ 1,803,500 total(indirect: See Footnote)Exercise: $0.22Exp: 2015-01-29→ Common Stock (1,803,500 underlying) - Purchase
Warrant
2011-01-14+400,000→ 400,000 total(indirect: See Footnote)Exercise: $0.12Exp: 2014-05-13→ Common Stock (400,000 underlying) - Purchase
Warrant
2011-01-14+203,717→ 203,717 total(indirect: See Footnote)Exercise: $0.12Exp: 2014-07-13→ Common Stock (203,717 underlying) - Purchase
Secured Convertible Promissory Note
2011-01-14+416,667→ 416,667 total(indirect: See Footnote)Exercise: $0.09→ Common Stock (416,667 underlying)
Footnotes (5)
- [F1]Mr. Silver purchased the securities from the Estate of Martin Rappaport in a private sale.
- [F2]Immediately.
- [F3]All of the securities listed in Table II above were purchased for an aggregate purchase price equal to $75,000.00.
- [F4]Held by Hilltop Holding Company LP, a limited partnership of which Mr. Silver is a general partner.
- [F5]N/A.