Shapiro Jordan 4
4 · MASS Petroleum Inc. · Filed Aug 21, 2009
Insider Transaction Report
Form 4
MASS Petroleum Inc.MASP.OB
Shapiro Jordan
DirectorTreasurer, Secretary10% Owner
Transactions
- Sale
Common Stock
2009-08-19$0.01/sh−2,100,000$30,030→ 12,807,000 total(indirect: Owned by Hudson Capital Inc.) - Sale
Common Stock
2009-08-19$0.01/sh−5,031,550$71,951→ 9,780,800 total
Holdings
- 28,000(indirect: By LLC)
Common Stock
- 240,000
Call Option (obligation to sell)
Exercise: $0.00→ Common Stock (240,000 underlying)
Footnotes (2)
- [F1]120,000 options will vest upon the closing of a transaction, where the Issuer either acquires at least 50% of the shares or assets of another company or disposes at least 50% of its outstanding shares or assets; and 120,000 options will vest six months after the closing date of the transaction.
- [F2]10 years after the options vest.