4//SEC Filing
NUVIM INC 4
Accession 0001249155-05-000092
CIK 0001170652operating
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 8:49 PM ET
Size
16.1 KB
Accession
0001249155-05-000092
Insider Transaction Report
Form 4
NUVIM INCNUVM
YOUNG PAUL J
Vice President of Operations
Transactions
- Conversion
Series A Convertible Preferred Stock
2005-06-24$1.00/sh−50,000$50,000→ 0 totalExercise: $55.00Exp: 2005-06-24→ Common Stock (910 underlying) - Award
Employee Stock Option (right to buy)
2005-06-24+125,000→ 125,000 totalExercise: $1.00From: 2005-06-24Exp: 2015-06-24→ Common Stock (125,000 underlying) - Other
Common Stock
2005-06-24$3.00/sh+54,167$162,501→ 117,365 total - Other
Common Stock
2005-06-24$1.00/sh+25,000$25,000→ 142,365 total - Award
Employee Stock Option (right to buy)
2005-06-24+102,500→ 102,500 totalExercise: $3.00Exp: 2015-06-24→ Common Stock (102,500 underlying) - Conversion
Common Stock
2005-06-24$55.00/sh+910$50,050→ 63,198 total
Footnotes (4)
- [F1]Shares of Common Stock were issued in payment of accrued and unpaid salary owed to the reporting person.
- [F2]Each 55 shares of Series A Convertible Preferred Stock were convertible into 1 share of Common Stock. Therefore, the preferred stock was convertible into 910 shares of Common Stock.
- [F3]The Series A Convertible Preferred Stock was convertible at any time after issuance.
- [F4]Options become exercisable in three substantially equal installments beginning one year from the date of grant (i.e., June 24, 2006, 2007 and 2008). The first two installments will result in 34,166 options becoming exercisable, with the third installment exercisable for 34,168 shares.
Documents
Issuer
NUVIM INC
CIK 0001170652
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001170652
Filing Metadata
- Form type
- 4
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 8:49 PM ET
- Size
- 16.1 KB