Filing Details
- Accession Number:
- 0001140361-11-023949
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2011-04-29 14:27:17
- Reporting Period:
- 2011-04-07
- Filing Date:
- 2011-04-29
- Accepted Time:
- 2011-04-29 14:27:17
- Original Submission Date:
- 2011-04-11
- 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 Ceo | 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 | 2011-04-07 | 165,500 | $0.19 | 205,894,700 | 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 | 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 this sale 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 $30,496.