4//SEC Filing
American Sands Energy Corp. 4
Accession 0001144204-12-035502
CIK 0001432001operating
Filed
Jun 18, 8:00 PM ET
Accepted
Jun 19, 8:18 PM ET
Size
7.1 KB
Accession
0001144204-12-035502
Insider Transaction Report
Form 4
GIBBS WILLIAM C
DirectorPres.CEO, Treasurer & Chairman10% Owner
Transactions
- Award
Options
2012-06-15+75,000→ 5,478,806 totalExercise: $1.15From: 2012-06-15Exp: 2017-06-15→ Common Stock (75,000 underlying)
Holdings
- 10,300,000(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]Mr. Gibbs is the Managing member of Bleeding Rock, LLC, a Delaware limited liability company that beneficially owns 10,300,000 shares of common stock of the Issuer. William C. Gibbs disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
- [F2]1/3 of options exercisable immediately; 1/3 exercisable 06/15/2013; remaining 1/3 exercisable 06/15/2014.
- [F3]Mr. Gibbs is the Managing member of Bleeding Rock, LLC, a Delaware limited liability company that beneficially owns 535,704 shares of common stock issuable upon conversion of a note of the Issuer. Mr. Gibbs is the Managing member of Hidden Peak Partners, LC, a Utah limited liability company that beneficially owns 2,893,102 shares of common stock issuable upon conversion of a note of the Issuer. William C. Gibbs disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
Documents
Issuer
American Sands Energy Corp.
CIK 0001432001
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001432001
Filing Metadata
- Form type
- 4
- Filed
- Jun 18, 8:00 PM ET
- Accepted
- Jun 19, 8:18 PM ET
- Size
- 7.1 KB