4//SEC Filing
Zaikin David D 4
Accession 0001432093-11-000006
CIK 0001301299other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 10:54 AM ET
Size
7.0 KB
Accession
0001432093-11-000006
Insider Transaction Report
Form 4
Siberian Energy Group Inc.SIBN.OB
Zaikin David D
DirectorChief Executive Officer
Transactions
- Other
Common Stock
2010-10-01$0.11/sh+10,483,895$1,153,228→ 11,243,895 total - Purchase
Common Stock
2010-11-26$0.04/sh+30,000$1,200→ 11,273,895 total
Footnotes (1)
- [F1]In October 2010, the Issuer entered into Debt Conversion Agreements with nine (9) creditors of the Issuer including Mr. Zaikin, the Issuer's Chief Executive Officer and Director, who converted $1,153,228 of debt owed to him by the Issuer into 10,483,895 shares of restricted common stock at the rate of one share for each $0.11 of debt converted (the "Conversion"). The Conversion price of $0.11 per share was calculated based on the average market price of the Issuer's common stock on the Over-The-Counter Bulletin Board for the six months prior to September 30, 2010.
Documents
Issuer
Siberian Energy Group Inc.
CIK 0001301299
Entity typeother
Related Parties
1- filerCIK 0001489376
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 10:54 AM ET
- Size
- 7.0 KB