4//SEC Filing
NORD RESOURCES CORP 4
Accession 0001209191-13-033536
CIK 0000072316operating
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 2:22 PM ET
Size
12.6 KB
Accession
0001209191-13-033536
Insider Transaction Report
Form 4
Beaty Ross J
10% Owner
Transactions
- Conversion
15% convertible note
2012-07-24$3410.96/sh−85,274$290,866,203→ 0 total(indirect: By 864930 B.C. Ltd.)Exercise: $0.04From: 2012-07-24Exp: 2013-06-30→ Common (85,274 underlying) - Conversion
Non-transferable common share warrants
2013-06-21+953,644→ 953,644 total(indirect: By 864930 B.C. Ltd.)Exercise: $0.02From: 2013-06-21Exp: 2016-06-21→ Common (953,644 underlying) - Conversion
15% convertible note
2012-07-24$25000.00/sh−625,000$15,625,000,000→ 0 total(indirect: By 864930 B.C. Ltd.)Exercise: $0.04From: 2012-07-24Exp: 2013-06-30→ Common (625,000 underlying) - Award
20% promissory note
2013-06-21$238410.96/sh+1$238,411→ 1 total(indirect: By 864930 B.C. Ltd.)
Footnotes (4)
- [F1]The 20% promissory note was granted alongside 953,644 non-transferrable common share warrants for Nord Resources Corporation in exchange for cancelling the July 24, 2012 15% convertible note, including all principal and interest outstanding.
- [F2]The 15% convertible note was cancelled on June 21, 2013 in exchange for a promissory note dated June 21, 2013 and the grant of 953,644 non-transferable common shares warrants.
- [F3]This figure corresponded to the accrued interest on the 15% convertible note as of June 20, 2013, which was also cancelled on June 21, 2013 in exchange for the same promissory note dated June 21, 2013 mentioned above.
- [F4]The warrants were granted alongside the 20% promissory note in exchange for the cancellation of the 15% convertible note and the interest outstanding on that note as of June 20, 2013.
Documents
Issuer
NORD RESOURCES CORP
CIK 0000072316
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000072316
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 2:22 PM ET
- Size
- 12.6 KB