NEWPORT INTERNATIONAL GROUP INC 4

Accession 0001161697-06-000610

CIK 0001103577operating

Filed

Jun 18, 8:00 PM ET

Accepted

Jun 19, 5:01 PM ET

Size

28.3 KB

Accession

0001161697-06-000610

Form 4

Period: 2005-03-22

DirectorPresident, CEO10% Owner

Transactions

Other
Options
2005-07-01+500,000→ 1,649,822 total
Exercise: $0.45From: 2005-07-01Exp: 2010-07-01→ common stock (500,000 underlying)
Gift
Common stock
2005-12-30+44,000→ 6,103,000 total(indirect: See Note)
Other
Options
2005-03-22+100,000→ 1,100,000 total
Exercise: $0.45From: 2005-03-22Exp: 2010-03-22→ common stock (100,000 underlying)
Other
Options
2005-05-15+49,822→ 1,149,822 total
Exercise: $0.00From: 2005-05-15Exp: 2010-05-15→ common stock (49,822 underlying)
Other
Options
2006-01-01+2,000,000→ 3,649,822 total
Exercise: $0.45→ common stock (2,000,000 underlying)
Purchase
Common stock purchase warrants
2005-03-31+256,667→ 1,493,571 total(indirect: See Note)
Exercise: $0.38From: 2005-03-31Exp: 2010-03-31→ common stock (256,667 underlying)
Purchase
12.5% convertible promissory debenture
2005-03-31+733,333→ 1,233,333 total(indirect: See Note)
Exercise: $0.38From: 2005-03-31Exp: 2010-03-31→ common stock (733,333 underlying)
Other
Options
2006-06-02+500,000→ 4,149,822 total
Exercise: $0.45From: 2006-06-02Exp: 2011-06-02→ common stock (500,000 underlying)
Gift
Common stock
2006-05-22+88,000→ 6,103,000 total(indirect: See Note)
Other
Options
2005-08-15+3,571→ 1,236,904 total(indirect: See Note)
Exercise: $0.00From: 2005-08-15Exp: 2010-08-15→ common stock (3,571 underlying)

Holdings

Footnotes (8)

[F1]On December 30, 2005 Mr. Perle gifted an aggregate of 44,000 shares of common stock to his minor children.
[F2]Includes 122,500 shares owned individually, 4,000,000 shares held by a trust for Mr. Perle's benefit, 480,500 shares held for the benefit of minor children and 1,500,000 shares held by Preston & Price, S.A. over which Mr. Perle holds voting control.
[F3]Grant of non-statutory options under the Issuer's qualified plan which were granted as compensation.
[F4]Grant of non-statutory options under the Issuer's qualified plan which were granted pursuant to employment agreement. Options vest ratably over two years and upon vesting are immediately exercisable for a five year period.
[F5]Represents securities held by Ms. Jenelle Fontes, an employee of the issuer, and Mr. Perle's fiance. Mr. Perle disclaims beneficial ownership interest over securities held by Ms. Fontes.
[F6]Represents 1,007,294 shares held individually by Ms. Fontes and an aggregate of 86,014 shares held for the benefit of her minor children.
[F7]On May 22, 2006 Mr. Perle gifted an aggregate of 88,000 shares of common stock to his minor children.
[F8]Includes 34,500 shares held individually, 4,000,000 shares held by a trust for Mr. Perle's benefit, 568,500 shares held for the benefit of minor children and 1,500,000 shares held by Preston & Price, S.A. over which Mr. Perle holds voting control.

Documents

1 file

NEWPORT INTERNATIONAL GROUP INC

CIK 0001103577

Entity typeoperating

IncorporatedDE