bogachev nikolay v 4
4 · MAGELLAN PETROLEUM CORP /DE/ · Filed Sep 8, 2010
Insider Transaction Report
Form 4
bogachev nikolay v
Director10% Owner
Transactions
- Sale
Common Stock
2010-08-18$1.79/sh−5,723$10,247→ 14,477,553 total(indirect: Held by ECP Fund, SICAV-FIS) - Sale
Common Stock
2010-08-23$1.69/sh−53,361$90,036→ 14,477,553 total(indirect: Held by ECP Fund, SICAV-FIS)
Holdings
- 15,000
Common Stock
Footnotes (3)
- [F1]On August 18, 2010, ECP Fund, SICAV-FIS (the "ECP Fund") (formerly known as YEP I, SICAV-FIS) sold an aggregate of 9,460 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 by 5,723 shares.
- [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 14,477,553 shares of the issuer's common stock indirectly, of which 13,612,463 shares are held by Young Energy Prize S.A. and 865,090 shares are held by the ECP Fund.
- [F3]On August 23,2010, the ECP Fund sold an additional 88,200 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 by 53,361 shares.