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Home > Insider Trading > Filing (0001140361-11-023945)

Filing Details

Accession Number:: 0001140361-11-023945
Form Type:: 4/A
Zero Holdings:: No
Publication Time:: 2011-04-29 14:24:03
Reporting Period:: 2011-04-05

Filing Date:: 2011-04-29
Accepted Time:: 2011-04-29 14:24:03
Original Submission Date:: 2011-04-07
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 Cfo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2011-04-05	18,000	$0.18	206,160,200	No	4	S	Direct
Common Stock	Disposition	2011-04-06	100,000	$0.18	206,060,200	No	5	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	5	S	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 make a loan to the Company of the net proceeds, after deducting estimated taxes on these sales to provide new working capital. The loan will bear interest at the rate of 17% per annum and will be payable on demand. Mr. Coates will also receive additional shares of Series A Preferred Stock under anti-dilution provisions in effect.
Net proceeds, after selling expenses amounted to $20,168.