Watts Christopher 4
4 · DUMA ENERGY CORP · Filed Sep 18, 2012
Insider Transaction Report
Form 4
DUMA ENERGY CORPDUMA
Watts Christopher
10% Owner
Transactions
- Other
Common Stock
2012-09-06$1.80/sh+767,750$1,381,950→ 2,735,416 total(indirect: By CW Navigation Inc.) - Other
Common Stock
2012-09-06$1.80/sh+767,750$1,381,950→ 2,735,416 total(indirect: By KW Navigation Inc.)
Footnotes (2)
- [F1]Acquired by CW Navigation Inc. ("CW") pursuant to the terms of a Share Exchange Agreement at a deemed issuance price of $1.80 per share. The Reporting Person is the sole owner of CW.
- [F2]Acquired by KW Navigation Inc. ("KW") pursuant to the terms of a Share Exchange Agreement at a deemed issuance price of $1.80 per share. The Reporting Person holds a 50% ownership interest in KW. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.