Filing Details
- Accession Number:
- 0001013762-11-000929
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-04-05 16:10:13
- Reporting Period:
- 2011-04-01
- Filing Date:
- 2011-04-05
- Accepted Time:
- 2011-04-05 16:10:13
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 948426 | Coates International Ltd | COTE.OB | Motor Vehicle Parts & Accessories (3714) | 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 Chief Executive | 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 | 2011-04-01 | 100,000 | $0.18 | 206,215,000 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2011-04-04 | 36,800 | $0.18 | 206,178,200 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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, Par Value $0.0001 Per Share | Series B Convertible Preferred Stock | Acquisiton | 2011-04-05 | 13,680 | $0.17 | 136,800 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 136,800 | 2011-04-05 | No | 5 | 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 | 1,957,760 | Indirect | By Spouse |
Footnotes
- Mr. Coates has agreed to reinvest the net proceeds from these sales back into the Company to provide new working capital. In return, the Company has agreed to issue 13,680 shares of Series B Convertible Preferred Stock, par value $0.001 per share. Each share is convertible into 10 shares of common stock.
- Net proceeds, after selling expenses amounted to $23,491.
- Convertible into ten (10) shares of common stock.
- Not Applicable.
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