Li3 Energy, Inc. 4
4 · Li3 Energy, Inc. · Filed Mar 16, 2016
Insider Transaction Report
Form 4
Li3 Energy, Inc.LIEG
Cussen Patrick A
DirectorChairman of the Board
Transactions
- Award
Common Stock
2016-03-15$0.01/sh+667,807$7,346→ 14,097,357 total(indirect: By Hibernia Ltd.) - Award
Common Stock
2016-03-15+547,945→ 13,429,550 total(indirect: By Hibernia Ltd.)
Footnotes (3)
- [F1]The Board of Directors of the Registrant approved this issuance of shares to the Reporting Person in lieu of director fees.
- [F2]The Board of Directors of the Registrant approved this issuance of shares to the Reporting Person in lieu of payment of principal and accrued interest on a promissory note issued by the Registrant to the Reporting Person.
- [F3]The Reporting Person is the President, sole director and owner of Hibernia Ltd. ("Hibernia") and may be deemed to beneficially own the securities held by Hibernia.