Stovash Ronald G. 4
4 · COLOMBIA CLEAN POWER & FUELS, INC · Filed Sep 27, 2011
Insider Transaction Report
Form 4
Stovash Ronald G
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2011-09-23$1.10/sh+50,000$55,000→ 50,000 total(indirect: By LLC)
Holdings
- 250,000
Options
Exercise: $2.50From: 2011-08-28Exp: 2016-08-28→ Common Stock (250,000 underlying) - 500,000
Options
Exercise: $5.00From: 2011-08-28Exp: 2016-08-28→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]Mr. Stovash is a 1/3 member of Ashdale Associates, LLC, a West Virginia limited liability company that beneficially owns 50,000 shares of common stock of the Issuer. Ronald G. Stovash disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
- [F2]Vesting on Options: 3 years; 25% immediate and 25% on each anniversary for 3 years.