MURPHREE CHARLES LEROY JR 4
4 · DEER VALLEY CORP · Filed Apr 8, 2010
Insider Transaction Report
Form 4
DEER VALLEY CORPDVLY
MURPHREE CHARLES LEROY JR
Director
Transactions
- Exercise/Conversion
COMMON STOCK
2008-06-10+133,334→ 572,332 total - Exercise/Conversion
PREFERRED STOCK
2008-06-10−10,000→ 308,095 total→ COMMON STOCK (133,334 underlying) - Disposition to Issuer
COMMON STOCK
2010-02-26$0.35/sh−382,979$134,043→ 144,353 total - Disposition to Issuer
STOCK OPTION
2010-02-26−100,000→ 208,095 total→ COMMON STOCK (100,000 underlying)
Footnotes (4)
- [F1]The Issuer redeemed from the Reporting Person 382,979 common shares at a price of $0.35 per share.
- [F2]The Issuer redeemed from the Reporting Person (a) options exercisable for 50,000 shares of common stock and an exercise price of $1.14, and (b) options exercisable for 50,000 shares of common stock and an exercise price of $1.11.
- [F3]The Reporting Person converted 10,000 shares of Series A Convertible Preferred Stock into 133,334 shares of common stock. Each share of Series A Convertible Stock converts into 13.34 shares of common stock.
- [F4]Includes: (a) 133,334 common shares issuable upon exercise of the Company's Series A Common Stock Purchase Warrants, (b) 8,094 common shares issuable upon exercise of another of the Company's Series A Common Stock Purchase Warrants, and (d) 66,667 common shares issuable upon exercise of the Company's Series B Common Stock Purchase Warrants.