Home > Insider Trading > Filing (0001094891-13-000020)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1373485	Cross Border Resources Inc.	XBOR	Crude Petroleum & Natural Gas (1311)	980555508

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1483496	Red Mountain Resources, Inc.	2515 Mckinney Avenue Suite 900 Dallas TX 75201		No	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
Common Stock	Acquisiton	2013-02-28	80,848	$0.00	12,787,299	No	4	P	Direct
Common Stock	Acquisiton	2013-02-28	218,535	$0.00	13,005,834	No	4	P	Direct
Common Stock	Acquisiton	2013-02-28	422,650	$1.50	13,428,484	No	4	J	Direct
Common Stock	Acquisiton	2013-02-28	611,630	$1.50	14,040,114	No	4	C	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	P	Direct
No	4	J	Direct
No	4	C	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Promissory Notes	Disposition	2013-02-28	0	$0.00	611,630	$1.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	C	Direct

Footnotes

The shares were purchased through the issuance to the sellers of an aggregate of 268,378 shares of the Reporting Person's common stock.
Includes 2,136,164 shares previously held by Black Rock Capital, Inc., the Reporting Person's wholly owned subsidiary, that were transferred to the Reporting Person prior to this filing. These shares were previously reported as being held indirectly by Black Rock Capital, Inc.
The shares were purchased through the issuance to the sellers of an aggregate of 437,070 shares of the Reporting Person's common stock.
The shares were issued to Reporting Person in consideration of Reporting Person's issuance of stock to satisfy certain obligations of the Issuer to its creditors. The aggregate value of the Issuer's debt settled by Reporting Person was $633,975.50.
The Promissory Notes were convertible into common stock at any time, and had no expiration date.