Omagine, Inc. 4
4 · Omagine, Inc. · Filed Feb 6, 2017
Insider Transaction Report
Form 4
Omagine, Inc.OMAG
Lombardo Louis J
Director
Transactions
- Purchase
Common Stock
2017-02-02$0.53/sh+94,340$50,000→ 312,806 total
Footnotes (2)
- [F1]The Reporting Person purchased from the Issuer 94,340 restricted Shares of the Company's $0.001 par value Common Stock on February 2, 2017 at $0.53 per Share. The securities were offered and sold pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act and did not involve a public offering.
- [F2]The per Share purchase price to the Reporting Person was equal to the closing sale price of the Issuer's Common Stock on February 1, 2017 less the Finnerty discount of 18% for restricted stock and the total proceeds to the Issuer was $50,000.