Shapiro Jordan 4
4 · MASS Petroleum Inc. · Filed Nov 30, 2009
Insider Transaction Report
Form 4
MASS Petroleum Inc.MASP.OB
Shapiro Jordan
DirectorTreasurer, Secretary10% Owner
Transactions
- Sale
Common Stock
2009-11-02$0.02/sh−3,000,000$60,000→ 6,780,800 total - Sale
Common Stock
2009-10-01$0.02/sh−1,500,000$30,000→ 11,307,000 total(indirect: Owned by Hudson Capital Inc.) - Sale
Common Stock
2009-11-25$0.05/sh−1,000,000$53,000→ 10,307,000 total(indirect: Owned by Hudson Capital Inc.)
Holdings
- 240,000
Call Option (obligation to sell)
Exercise: $0.00→ Common Stock (240,000 underlying) - 28,000(indirect: By LLC)
Common Stock
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.