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4//SEC Filing

EVANS RICHARD W 4

Accession 0001354488-12-003324

CIK 0000948426other

Filed

Jun 21, 8:00 PM ET

Accepted

Jun 22, 4:29 PM ET

Size

6.6 KB

Accession

0001354488-12-003324

Insider Transaction Report

Form 4
Period: 2012-06-20
EVANS RICHARD W
DirectorSecretary
Transactions
  • Award

    Common Stock

    2012-06-20$0.06/sh+2,000,000$120,0004,869,087 total
  • Purchase

    Stock Options (right to buy)

    2012-06-20+3,125,0003,400,000 total
    Exercise: $0.06From: 2013-06-20Exp: 2027-06-19Common Stock (3,125,000 underlying)
Footnotes (1)
  • [F1]The consideration paid consisted of a promissory note issued by Coates International, Ltd. ("CIL") to Richard W. Evans, in the aggregate amount of $120,000.00 which was converted into these shares. Dr. Evans agreed to forgive all interest on the promissory note in connection with this transaction. As a result of this transaction, the promissory note has been repaid in full satisfaction of CIL's obligation thereunder.

Issuer

COATES INTERNATIONAL LTD \DE\

CIK 0000948426

Entity typeother

Related Parties

1
  • filerCIK 0001160171

Filing Metadata

Form type
4
Filed
Jun 21, 8:00 PM ET
Accepted
Jun 22, 4:29 PM ET
Size
6.6 KB