Filing Details
- Accession Number:
- 0001213900-12-004905
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-08-23 17:15:23
- Reporting Period:
- 2012-08-17
- Filing Date:
- 2012-08-23
- Accepted Time:
- 2012-08-23 17:15:23
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1084031 | Integrated Environmental Technologies Ltd. | IEVM | General Industrial Machinery & Equipment, Nec (3569) | 980200471 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1405115 | Wayne E Kinsey | C/O Integrated Environmental Tech, Ltd. 4235 Commerce Street Little River SC 29566 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value $.001 Per Share | Acquisiton | 2012-08-17 | 1,693,895 | $0.00 | 36,711,395 | No | 4 | C | Direct | |
Common Stock, Par Value $.001 Per Share | Acquisiton | 2012-08-17 | 4,480,733 | $0.00 | 41,192,128 | No | 4 | C | Direct | |
Common Stock, Par Value $.001 Per Share | Acquisiton | 2012-08-17 | 6,250,000 | $0.00 | 47,442,128 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Direct | |
No | 4 | C | Direct | |
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock, $.001 Par Value | Warrant (Right to Buy) | Acquisiton | 2012-08-17 | 3,125,000 | $0.00 | 3,125,000 | $0.20 |
Common Stock, $.001 Par Value | 8% Convertible Debenture | Disposition | 2012-08-17 | 0 | $0.00 | 0 | $0.10 |
Common Stock, $.001 Par Value | 8% Convertible Secured Promissory Note | Disposition | 2012-08-17 | 0 | $0.00 | 0 | $0.10 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
3,125,000 | 2012-08-17 | 2015-08-17 | No | 4 | P | Direct |
0 | 2014-07-07 | No | 4 | C | Direct | |
0 | 2014-09-23 | No | 4 | C | Direct |
Footnotes
- Mr. Kinsey elected to convert the entire principal amount ($150,000) of the 8% convertible debenture issued to him on July 7, 2011 (the "Convertible Debenture") into 1,500,000 shares of common stock at a conversion price of $0.10 per share, pursuant to the terms of the Convertible Debenture. In addition, the Company issued 193,895 shares of common stock (171,429 shares at $0.07 per share and 22,466 shares at $0.06 per share) to Mr. Kinsey as payment of $13,348 of accrued interest due on the Convertible Debenture, pursuant to the terms of the Convertible Debenture.
- Mr. Kinsey elected to convert the entire principal amount ($400,000) of the 8% secured promissory note issued to him on September 23, 2011 (the "Secured Note") into 4,000,000 shares of common stock at a conversion price of $0.10 per share, pursuant to the terms of the Secured Note. In addition, the Company issued 480,733 shares of common stock ($0.06 per share) to Mr. Kinsey as payment of $28,844 of accrued interest due on the Secured Note, pursuant to the terms of the Secured Note.
- Mr. Kinsey purchased common stock units that in aggregate consisted of 6,250,000 shares of common stock and a warrant to purchase 3,125,000 shares of common stock for an aggregate purchase price of $500,000. The warrant has a three year term, is exercisable at $0.20 per share and was fully vested at the date of issuance.
- Each of the Convertible Debenture and the Secured Note was convertible at any time after issuance to Mr. Kinsey on July 7, 2011 and September 23, 2011, respectively.