KONRAD GEORGE 4
4 · POWERVERDE, INC. · Filed Apr 15, 2013
Insider Transaction Report
Form 4
POWERVERDE, INC.PWVI
KONRAD GEORGE
DirectorPresident and Treasurer10% Owner
Transactions
- Other
COMMON STOCK
2011-04-07$0.04/sh−4,500,000$198,000→ 7,054,074 total
Holdings
- 11,554,074
COMMON STOCK
Footnotes (1)
- [F1]On April 7, 2011 the Issuer entered into an Agreement with Mr. Konrad whereby Mr. Konrad agreed to surrender 4,500,000 shares of the Issuer's common stock owned by him in exchange for the Issuer's agreement to pay $200,000 to Mr. Konrad's company Arizona Research and Development, and the Issuer's entry into a two-year employment agreement with Mr. Konrad.