4//SEC Filing
GIBBS WILLIAM C 4
Accession 0001441557-12-000009
CIK 0001432001other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 1:16 PM ET
Size
13.0 KB
Accession
0001441557-12-000009
Insider Transaction Report
Form 4
GIBBS WILLIAM C
DirectorPres.CEO, Treasurer & Chairman10% Owner
Transactions
- Other
Convertible Note
2012-01-24$1446551.00/sh+2,893,102$4,185,019,591,202→ 3,428,806 total(indirect: By LLC)Exercise: $0.50From: 2012-01-24Exp: 2013-01-24→ Common Stock (2,893,102 underlying) - Other
Convertible Note
2012-01-31$1446551.00/sh−2,893,102$4,185,019,591,202→ 535,704 total(indirect: By LLC)Exercise: $0.50From: 2012-01-31Exp: 2013-01-24→ Common Stock (2,893,102 underlying) - Other
Convertible Note
2012-01-31$1446551.00/sh+2,893,102$4,185,019,591,202→ 3,428,806 total(indirect: By LLC)Exercise: $0.50From: 2012-01-31Exp: 2013-01-24→ Common Stock (2,893,102 underlying)
Holdings
- 10,300,000(indirect: By LLC)
Common Stock
- 1,975,000
Options
Exercise: $0.20From: 2011-06-03Exp: 2018-03-31→ Common Stock (1,975,000 underlying)
Footnotes (3)
- [F1]Mr. Gibbs is the Managing member of Bleeding Rock, LLC, a Delaware limited liability company that beneficially owns 10,300,000 shares of common stock of the Issuer. William C. Gibbs disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
- [F2]Mr. Gibbs is the Managing member of Bleeding Rock, LLC, a Delaware limited liability company that beneficially owns 535,704 shares of common stock issuable upon conversion of a note of the Issuer. William C. Gibbs disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
- [F3]Mr. Gibbs is the Managing member of Hidden Peak Partners, LC, a Utah limited liability company that beneficially owns 2,893,102 shares of common stock issuable upon conversion of a note of the Issuer. William C. Gibbs disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
Documents
Issuer
American Sands Energy Corp.
CIK 0001432001
Entity typeother
Related Parties
1- filerCIK 0001142217
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 1:16 PM ET
- Size
- 13.0 KB