Home/Filings/4/0001432453-14-000087
4//SEC Filing

Lithium Exploration Group, Inc. 4

Accession 0001432453-14-000087

CIK 0001375576operating

Filed

Oct 23, 8:00 PM ET

Accepted

Oct 24, 5:53 PM ET

Size

9.2 KB

Accession

0001432453-14-000087

Insider Transaction Report

Form 4
Period: 2014-10-01
Transactions
  • Sale

    Common Stock

    2014-09-17$0.01/sh390,518$4,0610 total
  • Other

    Common Stock

    2014-10-01$0.01/sh+240,964$2,000240,964 total
  • Other

    Common Stock

    2014-10-22$0.00/sh+7,630,987$29,7617,871,951 total
Holdings
  • Common Stock

    390,518
Footnotes (1)
  • [F1]Shares paid pursuant to a consulting agreement dated January 1, 2014 (the "Consulting Agreement") with International Compass, LLC for the services of Bryan Kleinlein as Cheif Financial Officer of our company. As part or full compensation for the month, Lithium Exploration Group, Inc. agreed to pay the shares previously registered on Form S-8 on August 6, 2014 ("S-8 Shares"). The value of the shares issued as compensation, if any, shall be based on the weighted average trading price of the shares of our company in the five (5) trading days immediately preceding the date(s) which the shares were due. On October 22, 2014, the parties entered into an amending agrement to amend the Consulting Agreement by providing a termination date as of November 1, 2014 and including payment of an additional $30,000 payable in S-8 Shares at a deemed price of weighted average trading price of the shares of our company in the five (5) trading days immediately preceding October 22, 2014.

Issuer

Lithium Exploration Group, Inc.

CIK 0001375576

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001375576

Filing Metadata

Form type
4
Filed
Oct 23, 8:00 PM ET
Accepted
Oct 24, 5:53 PM ET
Size
9.2 KB