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IVANY MINING INC 4

Accession 0001424868-09-000002

CIK 0001096555operating

Filed

Mar 15, 8:00 PM ET

Accepted

Mar 16, 12:03 PM ET

Size

20.6 KB

Accession

0001424868-09-000002

Insider Transaction Report

Form 4
Period: 2008-09-04
Transactions
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-042,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2009-01-15Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-042,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2009-01-15Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-04+2,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2010-01-11Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-04+2,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2010-01-11Common Stock (2,000,000 underlying)
Holdings
  • Common Stock

    1,976,468
  • Common Stock, par value $0.01 per share ("Common Stock")

    1,975,875
Burton Andrew
10% Owner
Transactions
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-04+2,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2010-01-11Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-04+2,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2010-01-11Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-042,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2009-01-15Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-042,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2009-01-15Common Stock (2,000,000 underlying)
Holdings
  • Common Stock, par value $0.01 per share ("Common Stock")

    1,975,875
  • Common Stock

    1,976,468
Transactions
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-04+2,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2010-01-11Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-042,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2009-01-15Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-042,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2009-01-15Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-04+2,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2010-01-11Common Stock (2,000,000 underlying)
Holdings
  • Common Stock

    1,976,468
  • Common Stock, par value $0.01 per share ("Common Stock")

    1,975,875
Transactions
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-042,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2009-01-15Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-042,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2009-01-15Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-04+2,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2010-01-11Common Stock (2,000,000 underlying)
  • Other

    Common Stock issuable upon exercise of warrants

    2008-09-04+2,000,0002,000,000 total
    Exercise: $0.30From: 2008-01-15Exp: 2010-01-11Common Stock (2,000,000 underlying)
Holdings
  • Common Stock

    1,976,468
  • Common Stock, par value $0.01 per share ("Common Stock")

    1,975,875
Footnotes (4)
  • [F1]After the transactions reported in this Form 4, Spectra Capital Management LLC ("Spectra") holds 1,975,875 shares of Common Stock and warrants that are convertible into an additional 2,000,000 shares of Common Stock. As Managing Member of Spectra, Gregory Porges has voting and dispositive authority over, and may be deemed to beneficially own, Spectra's shares of Common Stock and warrants to purchase Common Stock. As Manager of Spectra, Andrew Burton may be deemed to beneficially own Spectra's shares of Common Stock and warrants to purchase Common Stock. Neither Gregory Porges nor Andrew Burton directly owns any shares of Common Stock or warrants to purchase Common Stock.
  • [F2]After the transactions reported in this Form 4, Arclight Capital LLC ("Arclight") holds 1,976,468 shares of Common Stock and warrants that are convertible into an additional 2,000,000 shares of Common Stock. As Managing Member of Arclight, Andrew Burton has voting and dispositive authority over, and may be deemed to beneficially own, Arclight's shares of Common Stock and warrants to purchase Common Stock. Andrew Burton does not directly own any shares of Common Stock or warrants to purchase Common Stock.
  • [F3]On September 4, 2008, the Board of Directors of Ivany Mining Inc. extended the termination date of the warrants to purchase common stock from January 15, 2009 to January 11, 2010. We are reporting this extension on this Form 4 because this extension may be deemed a disposition of the warrants originally acquired by Spectra and an acquisiton of an equal number of new warrants by Spectra without additional consideration.
  • [F4]On September 4, 2008, the Board of Directors of Ivany Mining Inc. extended the termination date of the warrants to purchase common stock from January 15, 2009 to January 11, 2010. We are reporting this extension on this Form 4 because this extension may be deemed a disposition of the warrants originally acquired by Arclight and an acquisiton of an equal number of new warrants by Arclight without additional consideration.

Issuer

IVANY MINING INC

CIK 0001096555

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001096555

Filing Metadata

Form type
4
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 12:03 PM ET
Size
20.6 KB