Blue Earth, Inc. 4
4 · Blue Earth, Inc. · Filed Jul 22, 2013
Insider Transaction Report
Form 4
Blue Earth, Inc.bblu
Lies David J
10% Owner
Transactions
- Other
Class A Warrant
2013-06-20−1,538,639→ 572,081 totalExercise: $3.00From: 2013-06-20Exp: 2013-12-31→ Common Stock (1,538,639 underlying)
Footnotes (1)
- [F1]The transaction reported in Table II above involves the June 20, 2013 amendment of an outstanding Class A Warrant held by the Reporting Person to provide that no exercise shall occur if as a result the Reporting Person would have beneficially owned more than 9.9% of the issued and outstanding common stock of the Company (the "Blocker"). Pursuant to Rule 16a-1(a)(1) of the Securities Exchange Act of 1934, as amended, the Reporting Person no longer beneficially owns the 966,558 shares of common stock that are no longer exercisable as a result of the Blocker. Accordingly, the Reporting Person is no longer a 10% beneficial owner.