BALTIA AIR LINES INC 5/A
5/A · BALTIA AIR LINES INC · Filed Apr 28, 2016
Insider Transaction Report
Form 5/AAmended
THAL Russell
Executive VP
Transactions
- Gift
Common Stock
2011-06-24−9,000,000→ 23,254,600 total - Award
Common Stock
2011-06-24$0.00/sh+9,000,000$900→ 23,254,600 total - Award
Common Stock
2011-12-23$0.00/sh+3,000,000$300→ 23,254,600 total - Award
Common Stock
2011-06-24$0.00/sh+3,000,000$300→ 23,254,600 total - Award
Common Stock
2011-04-06$0.00/sh+2,000,000$200→ 23,254,600 total
Footnotes (3)
- [F1]No change from previous filing on 10/17/2012.
- [F2]This transaction relates to a distribution of shares to various family members at the direction of the reporting person, done as compensation to the reporting person, and erroneously not reported since no certificate was issued. This error was originally discovered in an audit which was conducted over a year ago, and properly noted in the 2014 10-K, but not corrected in the reporting person's filings, as is being done today with this filing.
- [F3]The sum total of shares for reporting persons was erroneously calculated by the error noted in Footnote 2 above.