Filing Details

Accession Number:
0001354488-12-003326
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-06-22 16:31:10
Reporting Period:
2012-06-20
Filing Date:
2012-06-22
Accepted Time:
2012-06-22 16:31:10
SEC Url:
Form 4 Filing
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
1381026 J Frank Adipietro 119 Ram Island Drive
Shelter Island NY 11964
Yes 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 2012-06-20 914,539 $0.06 3,644,941 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (right to buy) Acquisiton 2012-06-20 1,829,078 $0.00 1,829,078 $0.06
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,989,078 2013-06-20 2027-06-19 No 4 A Direct
Footnotes
  1. The consideration paid consisted of the conversion of a promissory note issued by Coates International, Ltd. ("CIL") to Frank J. Adipietro, in the aggregate amount of $54,872.33, including principal and interest into the shares purchased. As a result of this transaction, the promissory note has been repaid in full satisfaction of CIL's obligation thereunder.