Home/Filings/4/0001441557-12-000027
4//SEC Filing

Stovash Ronald G. 4

Accession 0001441557-12-000027

CIK 0001045390other

Filed

Apr 4, 8:00 PM ET

Accepted

Apr 5, 12:45 PM ET

Size

11.8 KB

Accession

0001441557-12-000027

Insider Transaction Report

Form 4
Period: 2012-04-03
Stovash Ronald G
DirectorChief Executive Officer
Transactions
  • Purchase

    Common Stock

    2012-04-03$1.25/sh+2,000$2,50052,000 total
  • Purchase

    Common Stock

    2012-04-04$1.30/sh+2,000$2,60054,000 total
Holdings
  • Common Stock

    (indirect: By LLC)
    50,000
  • Options

    Exercise: $5.00From: 2011-09-23Exp: 2016-09-28Common Stock (250,000 underlying)
    500,000
  • Options

    Exercise: $1.70From: 2012-03-07Exp: 2017-03-07Common Stock (37,800 underlying)
    537,800
  • Options

    Exercise: $2.50From: 2011-09-23Exp: 2016-09-28Common Stock (250,000 underlying)
    250,000
Footnotes (4)
  • [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]50,000 shares held by Ashdale Associates, LLC of which Mr. Stovash is a 1/3 member. Ronald G. Stovash disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
  • [F3]Vesting: 3 years, 25% immediate and 25% on each anniversary for 3 years.
  • [F4]One-third vest immediately with one-third on each of the next two calendar year ends, provided that Mr. Stovash remains an employee of the Company during the vesting period.

Issuer

COLOMBIA ENERGY RESOURCES, INC.

CIK 0001045390

Entity typeother

Related Parties

1
  • filerCIK 0001337101

Filing Metadata

Form type
4
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 12:45 PM ET
Size
11.8 KB