Garcia Leonard 4
4 · DUMA ENERGY CORP · Filed Apr 12, 2012
Insider Transaction Report
Form 4
DUMA ENERGY CORPSCGAD
Garcia Leonard
Director
Transactions
- Other
Common Stock
2011-02-14+1,993→ 45,843 total - Other
Warrants (right to buy)
2012-02-14+1,993→ 3,986 totalExercise: $2.50From: 2009-10-15Exp: 2014-10-15→ Common Stock (1,993 underlying)
Footnotes (3)
- [F1]The Reporting Person entered into a securities purchase agreement dated October 15, 2009, for the purchase of shares and warrants that contained price protection provisions. As a result of the operation of these price protection provisions, the Reporting Person was issued 1,993 common shares and his previously issued warrants were adjusted to double the number of shares issuable thereunder and to reduce the exercise price from $5.75 to $2.50 per shares (as adjusted pursuant to share consolidation).
- [F2]The Issuer effected a 1 for 25 share consolidation on April 4, 2012. All figures in this Form 4 reflect such share consolidation.
- [F3]In addition to the warrants held directly, the Reporting Person also holds 76,000 incentive stock options.