Filing Details
- Accession Number:
- 0001299116-13-000003
- Form Type:
- 5
- Zero Holdings:
- No
- Publication Time:
- 2013-03-25 16:22:14
- Reporting Period:
- 2012-12-31
- Filing Date:
- 2013-03-25
- Accepted Time:
- 2013-03-25 16:22:14
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 820600 | Omagine Inc. | OMAG | Non-Operating Establishments (9995) | 202876380 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1299701 | P Charles Kuczynski | 350 Fifth Avenue Suite 4815-17 New York NY 10118 | Vice-President & Secretary | Yes | 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 | 2012-03-30 | 50,470 | $1.25 | 463,763 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2012-05-08 | 23,922 | $35,882.00 | 487,685 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Common Stock Purchase Options | Acquisiton | 2012-01-02 | 250,000 | $0.00 | 250,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 300,000 | No | 4 | A | Direct |
Footnotes
- The Reporting Person exercised 50,470 Rights on March 30, 2012 for the purchase of 50,470 shares of the Issuer's $0.001 par value Common Stock (the "Shares") at $1.25 per Share pursuant to the Company's Rights Offering.
- The exercise price for all such Rights was $1.25.
- The Reporting Person was issued 23,922 restricted Shares of Common Stock on May 8, 2012 pursuant to a Board of Directors resolution. The Shares were valued at $35,882 and represent the Company's 2012 contribution for the beneift of the Reporting Person to the Omagine, Inc. 401(k) Plan.
- The Reporting Person was granted 250,000 common stock purchase options ("Options") pursuant to a Board of Directors resolution dated January 2, 2012.
- All 250,000 Options are exercisable at an exercise price of $1.70 per Share and have a cashless exercise feature.
- Fifty percent of the Options vested on the grant date, January 2, 2012, and the remaining fifty percent vested on July 1, 2012.
- Any unexercised Options expire on December 31, 2013.
Billionaire Hedge Funds
