Mockin Mendel 4
4 · MUSTANG ALLIANCES, INC. · Filed Jul 27, 2011
Insider Transaction Report
Form 4
Mockin Mendel
DirectorVice President
Transactions
- Other
Common Stock
2011-07-25+100,000→ 100,000 total - Other
Stock option (right to buy)
2011-07-25$0.50/sh+1,000,000$500,000→ 1,000,000 totalExercise: $0.50→ Common Stock (1,000,000 underlying)
Holdings
- 4,000,000(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]The shares are owned by MEM Mining Partners LLC, a New York limited liability company, which is wholly owned and managed by the reporting person.
- [F2]Represents a grant of restricted stock under a consulting agreement with the Issuer, dated July 25, 2011 ("Consulting Agreement").
- [F3]Represents an option to purchase 250,000 shares, 250,000 shares and 500,000 shares upon production by the Issuer's mines of 12,000 ounces, 24,000 ounces and 48,000 ounces, respectively, pursuant to the Consulting Agreement. The option may be exercised for 30 days after the termination of the Consulting Agreement.