DITTMAR CHRIS A 4
4 · ENDEVCO INC · Filed Dec 10, 2009
Insider Transaction Report
Form 4
ENDEVCO INCEDVC
DITTMAR CHRIS A
DirectorCEO10% Owner
Transactions
- Other
Common Stock
2009-11-04$240000.00/sh−500,000$120,000,000,000→ 10,559,502 total - Other
Common Stock
2009-11-17$2000000.00/sh−10,000,000$20,000,000,000,000→ 559,502 total
Footnotes (2)
- [F1]These shares were transferred into escrow to be held as collateral for a pending business transaction between Chris A. Dittmar and a third-party. Upon the successful completion of the transaction, the shares will be transferred back to Chris A. Dittmar.
- [F2]These shares were transferred pursuant to a Loan Settlement Agreement to be held as collateral. Commencing on November 17, 2009, if the outstanding balance of the settlement amount of $2,000,000 plus any accrued interest and fees remain unpaid, the transfereehas the right to sell 10,000 shares per day plus an additional 25% of any volume in excess of 20,000 EnDevCo shares traded on such day. Upon the balance of the loan being paid in full, any remaining shares shall be paid back to Chris A. Dittmar.