Home/Filings/4/0001521536-12-001234
4//SEC Filing

Groussman Mark 4

Accession 0001521536-12-001234

CIK 0001507605other

Filed

Dec 6, 7:00 PM ET

Accepted

Dec 7, 2:59 PM ET

Size

18.4 KB

Accession

0001521536-12-001234

Insider Transaction Report

Form 4
Period: 2012-08-03
Groussman Mark
Former Chief Executive Officer
Transactions
  • Sale

    Common Stock

    2012-11-06$0.20/sh100,000$20,0003,240,631 total(indirect: See Note)
  • Sale

    Common Stock

    2012-11-09$0.20/sh250,000$50,0001,965,631 total(indirect: See Note)
  • Other

    Options

    2012-08-03+1,500,0001,500,000 total
    Exercise: $0.50From: 2012-08-03Exp: 2022-08-03Common Stock (1,500,000 underlying)
  • Other

    Options

    2012-11-141,500,0000 total
    Exercise: $0.50From: 2012-08-03Exp: 2022-08-03Common Stock (1,500,000 underlying)
  • Exercise of In-Money

    Common Stock

    2012-09-14+302,9703,340,631 total(indirect: See Note)
  • Sale

    Common Stock

    2012-11-06$0.20/sh750,000$150,0002,490,631 total(indirect: See Note)
  • Sale

    Common Stock

    2012-11-08$0.20/sh275,000$55,0002,215,631 total(indirect: See Note)
  • Purchase

    Common Stock

    2012-11-13$0.15/sh+1,000,000$150,0002,965,631 total(indirect: See Note)
Footnotes (3)
  • [F1]Represents shares held by Melechdavid, Inc. Mr. Groussman is the President of Melechdavid, Inc. and in such capacity holds voting and dispositive power over shares held by Melechdavid, Inc.
  • [F2]Represents shares of common stock received upon the cashless exercise of a warrant to purchase 600,000 shares of the Company's common stock at an exercise price of $0.50 per share. Upon issuance, the 302,970 shares of common stock were assigned to a custodial account for Mr. Groussman's minor child over which Mr. Groussman's wife is custodian. Mr. Groussman disclaims any beneficial ownership over such shares.
  • [F3]Represents ten year options to purchase 1,500,000 shares of Common Stock at an exercise price of $0.50 per share issuable to Mr. Groussman pursuant to his employment agreement dated August 3, 2012. The options were issued under the Company's 2012 Equity Incentive Plan. On November 14, 2012, Mr. Groussman agreed to forfeit the options back to the Company for cancellation.

Issuer

American Strategic Minerals Corp

CIK 0001507605

Entity typeother

Related Parties

1
  • filerCIK 0001552880

Filing Metadata

Form type
4
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 2:59 PM ET
Size
18.4 KB