Filing Details
- Accession Number:
- 0001521536-12-001234
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-12-07 14:59:16
- Reporting Period:
- 2012-08-03
- Filing Date:
- 2012-12-07
- Accepted Time:
- 2012-12-07 14:59:16
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1507605 | American Strategic Minerals Corp | ASMC | Sanitary Services (4950) | 010949984 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1552880 | Mark Groussman | 4400 Biscayne Boulevard, Suite #850 Miami FL 33137 | Former Chief Executive Officer | No | Yes | No | 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 | Acquisiton | 2012-09-14 | 302,970 | $0.00 | 3,340,631 | No | 4 | X | Indirect | See Note |
Common Stock | Disposition | 2012-11-06 | 100,000 | $0.20 | 3,240,631 | No | 4 | S | Indirect | See Note |
Common Stock | Disposition | 2012-11-06 | 750,000 | $0.20 | 2,490,631 | No | 4 | S | Indirect | See Note |
Common Stock | Disposition | 2012-11-08 | 275,000 | $0.20 | 2,215,631 | No | 4 | S | Indirect | See Note |
Common Stock | Disposition | 2012-11-09 | 250,000 | $0.20 | 1,965,631 | No | 4 | S | Indirect | See Note |
Common Stock | Acquisiton | 2012-11-13 | 1,000,000 | $0.15 | 2,965,631 | No | 4 | P | Indirect | See Note |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | X | Indirect | See Note |
No | 4 | S | Indirect | See Note |
No | 4 | S | Indirect | See Note |
No | 4 | S | Indirect | See Note |
No | 4 | S | Indirect | See Note |
No | 4 | P | Indirect | See Note |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Options | Acquisiton | 2012-08-03 | 1,500,000 | $0.00 | 1,500,000 | $0.50 |
Common Stock | Options | Disposition | 2012-11-14 | 1,500,000 | $0.00 | 1,500,000 | $0.50 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,500,000 | 2012-08-03 | 2022-08-03 | No | 4 | J | Direct |
0 | 2012-08-03 | 2022-08-03 | No | 4 | J | Direct |
Footnotes
- 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.
- 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.
- 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.