bogachev nikolay v 4
4 · MAGELLAN PETROLEUM CORP /DE/ · Filed Jul 29, 2010
Insider Transaction Report
Form 4
bogachev nikolay v
Director10% Owner
Transactions
- Sale
Common Stock
2010-07-23$1.83/sh−43,826$80,131→ 14,536,637 total(indirect: Held by ECP Fund, SICAV-FIS) - Sale
Common Stock
2010-07-22$1.86/sh−60,500$112,506→ 14,536,637 total(indirect: Held by ECP Fund, SICAV-FIS)
Holdings
- 15,000
Common Stock
Footnotes (3)
- [F1]On July 22, 2010, ECP Fund, SICAV-FIS (the "ECP Fund") (formerly known as YEP I, SICAV-FIS) sold an aggregate of 100,000 shares of the issuer's common stock pursuant to Rule 144. On the date of sale, the reporting person indirectly held a 60.5% equity interest in the ECP Fund. Accordingly, the reporting person's pecuniary interest in the issuer's shares held by the ECP Fund decreased proportionately.
- [F2]Following these sales by the ECP Fund, the reporting person beneficially owns 15,000 shares of the issuer's common stock directly and an aggregate of 14,536,637 shares of the issuer's common stock indirectly, of which 13,612,463 shares are held by Young Energy Prize S.A. and 924,174 shares are held by the ECP Fund.
- [F3]On July 23, 2010, the ECP Fund sold an additional 72,440 shares of the issuer's common stock pursuant to Rule 144. On the date of sale, the reporting person indirectly held a 60.5% equity interest in the ECP Fund. Accordingly, the reporting person's pecuniary interest in the issuer's shares held by the ECP Fund decreased proportionately.