Filing Details

Accession Number:
0001181431-11-014591
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-02 16:48:20
Reporting Period:
2011-02-28
Filing Date:
2011-03-02
Accepted Time:
2011-03-02 16:48:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
933972 Powerverde Inc. PWVI Motors & Generators (3621) 880271109
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1428080 George Konrad 23429 North 35Th Drive
Glendale AZ 85310
President And Treasurer Yes Yes 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 Disposition 2011-02-28 40,000 $1.39 11,554,074 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 11,594,074 Direct
Common Stock 0 Indirect By: George Konrad & Diane Konrad JT TEN
Footnotes
  1. Since the date of the reporting person's last ownership report, he transferred 472,592 shares of PowerVerde Inc. common stock that he owned directly and 27,408 shares of PowerVerde Inc. common stock that he owned indirectly with his ex-wife to his ex-wife pursuant to a domestic relations order (divorce decree) The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
  2. This per share price is the average of the sales of shares during the day ranging from $1.45 to $1.20 per share.