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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
948426	Coates International Ltd	COTE	Engines & Turbines (3510)	222925432

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1160170	J. George Coates	1811 Murray Drive Wall Township NJ 07719	President And Ceo	No	No	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	2014-04-29	39,682,540	$0.03	261,761,625	No	4	P	Direct

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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,165,507	Indirect	By Self, as Trustee for The Coates Trust
Common Stock	1,956,960	Indirect	By Spouse

Footnotes

On April 29, 2014, the board of directors adopted a resolution to convert this non-interest bearing promissory note in the amount of $950,000, as well as $50,000 of interest bearing, 17% promissory notes due to Mr. Coates into shares of the Company?s common stock, bringing the total amount converted to $1 million. The conversion price per share was determined to be equal to the closing trading price of the common stock on April 29, 2014. As a result of the conversion of the promissory notes into 39,682,540 restricted shares of common stock, stockholders experienced a dilution. The percentage of the Company owned by non-affiliate shareholders decreased from 32.9% to 29.5% of the outstanding common stock of the Company.