SHEARING RALPH EDWARD 4
4 · NORMAN CAY DEVELOPMENT, INC. · Filed May 29, 2012
Insider Transaction Report
Form 4
SHEARING RALPH EDWARD
Director
Transactions
- Award
Common Stock
2012-05-25+100,000→ 400,000 total(indirect: Through CMB Investments Ltd.)
Footnotes (1)
- [F1]On May 25, 2012, CMB Investments, Ltd. was issued 100,000 shares of common stock of Norman Cay Development, Inc. (the "Company") for services provided to the Company by the Reporting Person. The Reporting Person is the sole officer, director and shareholder of CMB Investments, Ltd. The Reporting Person's beneficial ownership is based upon his 100% interest in CMB Investments, Ltd.