Guyer C Stephen 4
4 · COLORADO GOLDFIELDS INC. · Filed Mar 9, 2012
Insider Transaction Report
Form 4
Guyer C Stephen
DirectorCFO
Transactions
- Award
Class A Common Stock
2012-03-09$0.00/sh+607,725,000$121,545→ 2,532,119,944 total - Award
Class A Common Stock
2012-03-09$0.00/sh+1,823,175,000$364,635→ 1,924,394,944 total
Footnotes (2)
- [F1]This is an exempt transaction under Rule 16b-3. These shares are issued as partial compensation for 18 months of services, from October 2010 during which time the recipient accepted no salary or stock for services rendered as the issuer's CFO. These shares, representing approximately 75% of the total issuance, remain restricted for a period of one year.
- [F2]This is an exempt transaction under Rule 16b-3 pursuant to the Company's 2008 Stock Compensation Plan. These shares represent partial compensation for 18 months of services, from October 2010 during which time the recipient accepted no salary or stock for services rendered as the issuer's CFO. Of the total transaction, these shares represent approximately 25 percent.