KONSTANT NIKOLAS 4
4 · Cellteck Inc. · Filed May 21, 2013
Insider Transaction Report
Form 4
Cellteck Inc.EOPT
KONSTANT NIKOLAS
DirectorPresident, CEO and CFO10% Owner
Transactions
- Conversion
Common stock
2013-05-20+32,500,100→ 32,500,100 total(indirect: By LLC) - Conversion
Series B convertible preferred stock
2013-05-20−32,500,100→ 0 total(indirect: By LLC)→ Common Stock (32,500,100 underlying)
Holdings
- 0(indirect: By LLC)
Series B convertible preferred stock
→ Common Stock (32,500,100 underlying)
Footnotes (2)
- [F1]Consisted of 32,500,100 shares of Series B convertible preferred stock. B convertible preferred stock is automatically convertible upon the filing of a certain amendment to Eos Petro, Inc.'s ("Eos") Articles of Incorporation. The Series B convertible preferred stock had no exercise date, exercise price or expiration date.
- [F2]On May 20, 2013, Eos filed an amendment to its Articles of Incorporation which effectuated an 800-for-1 reverse stock split of all outstanding shares of its common stock. Upon the filing of such amendment to its Articles of Incorporation, a provision governing the automatic conversion of each share of Series B preferred stock into common stock was triggered, and each share of Series B preferred stock automatically converted on a 1:1 ratio into a share of common stock of Eos.