KUHNS JOHN D 4
4 · Master Silicon Carbide Industries, Inc. · Filed Feb 14, 2012
Insider Transaction Report
Form 4
KUHNS JOHN D
DirectorPresident and CEO
Transactions
- Award
Common Stock
2012-01-01+25,657→ 341,809 total(indirect: By LLC)
Footnotes (2)
- [F1]Such shares of the Issuer's common stock, par value $.001 per share (the "Common Stock") were issued to the Reporting Person pursuant to the Certificate of Designations, Preferences and Rights of Series A Convertible Preferred Stock (the "Series A Preferred Stock"), filed with the State of Nevada on August 18, 2009, as dividends of Series A Preferred Stock for the fourth quarter of 2011.
- [F2]Such shares are issued in the name of New World Power, LLC. The Reporting Person is the owner of 100% membership interests and the sole manager of New World Power, LLC and therefore shall be deemed as the beneficial owner of such shares.