Suder Michael D 4
4 · Blackwater Midstream Corp. · Filed Nov 6, 2012
Insider Transaction Report
Form 4
Suder Michael D
DirectorPresident & CEO
Transactions
- Conversion
Common Shares
2012-10-09$0.50/sh+125,000$62,500→ 3,158,569 totalExercise: $0.40From: 2012-10-09Exp: 2012-10-09→ Convertible Promissory Note (100,000 underlying)
Footnotes (1)
- [F3]These common shares were acquired by the Reporting Person on October 09, 2012. The Reporting Person's convertible promissory note(s), issued by the Company, derivative securities were converted in common shares of the Company; triggered by a change in control of the Company, pursuant to the Company's Agreement and Plan of Merger with Blackwater Midstream Holdings, LLC and Blackwater Acquisition Sub Inc.