Filing Details
- Accession Number:
- 0001181431-13-017266
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-03-15 18:06:47
- Reporting Period:
- 2012-08-31
- Filing Date:
- 2013-03-15
- Accepted Time:
- 2013-03-15 18:06:47
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1262200 | Daystar Technologies Inc | DSTI | Semiconductors & Related Devices (3674) | 841390053 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1511995 | M John Moretti | C/O Daystar Technologies, Inc. 2280 Leckie Road, Unit B Kelowna, British Columbia Z4 | 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 | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2012-08-31 | 115,792 | $1.61 | 115,792 | No | 4 | C | Direct | |
Common Stock | Disposition | 2013-03-13 | 45,592 | $1.15 | 70,200 | No | 4 | S | Direct | |
Common Stock | Disposition | 2013-03-14 | 7,200 | $1.12 | 63,000 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Convertible Debenture | Acquisiton | 2012-08-31 | 115,792 | $0.00 | 115,792 | $1.61 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
100,000 | No | 4 | C | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple open market sales executed on the same day by a broker-dealer at prices from $1.15 to $1.19. The reporting person undertakes to provide, upon request by the Staff of the Securities and Exchange Commission, the Company, or by a security holder of the Company, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
- The price in Column 4 is a weighted average price. These shares were sold in multiple open market sales executed on the same day by a broker-dealer at prices ranging from $1.12 to $1.16.
- On January 6, 2010, Mr. Moretti loaned DayStar Technologies, Inc. $250,000 and received a convertible note. On August 31, 2012, pursuant to the terms of the convertible note, Mr. Moretti converted $150,000 of the original principal amount of note plus accrued interest into common stock of the Company at $1.61 per share. The remaining $100,000 of original principal amount plus accrued but unpaid interest has not been converted and remains outstanding.