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4//SEC Filing

Stovash Ronald G. 4

Accession 0001441557-12-000059

CIK 0001045390other

Filed

Jul 2, 8:00 PM ET

Accepted

Jul 3, 1:28 PM ET

Size

10.9 KB

Accession

0001441557-12-000059

Insider Transaction Report

Form 4
Period: 2012-03-30
Stovash Ronald G
DirectorChief Executive Officer
Transactions
  • Award

    Common Stock

    2012-06-30$25000.00/sh+67,451$1,686,275,000121,451 total
Holdings
  • Options

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

    Exercise: $2.50Exp: 2016-09-28Common Stock (250,000 underlying)
    250,000
  • Options

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

    (indirect: By LLC)
    50,000
  • Common Stock

    54,000
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]Of the total beneficial ownership, 50,000 are held indirectly by Ashdale Associates, 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
Jul 2, 8:00 PM ET
Accepted
Jul 3, 1:28 PM ET
Size
10.9 KB