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INTERGROUP CORP — Director's Dealing 2010
Nov 1, 2010
34686_dirs_2010-11-01_62b53fa9-6505-4700-b6f6-416470e7f40f.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Comstock Mining Inc. (LODE)
CIK: 0001120970
Period of Report: 2010-10-20
Reporting Person: INTERGROUP CORP (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 537070 | Direct |
| Common Stock | 217096 | Indirect |
| Common Stock | 426307 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 7 1/2% Series A-1 Preferred Convertible Stock (6,572 shares | $0.651 | Common Stock (10094592) | Direct | ||
| 7 1/2% Series A-1 Convertible Preferred Stock (2,249 shares) | $0.651 | Common Stock (3454464) | Indirect | ||
| 7 1/2% Series A-1 Convertible Preferred Stock (4,410 shares) | $0.651 | Common Stock (6773260) | Indirect | ||
| Warrants to Purchase Common Stock | $4 | Common Stock (40000) | Direct | ||
| Warrants to Purchase Common Stock | $4 | Common Stock (20000) | Indirect | ||
| Warrants to Purchase Common Stock | $4 | Common Stock (40000) | Indirect | ||
| Warrants to Purchase Common Stock | $3.5 | Common Stock (87500) | Direct | ||
| Warrants to Purchase Common Stock | $3.5 | Common Stock (43750) | Indirect | ||
| Warrants to Purchase Common Stock | $3.5 | Common Stock (87500) | Indirect |
Footnotes
F1: Santa Fe Financial Corporation ("Santa Fe") is a 76%-owned subsidiary of The InterGroup Corporation ("InterGroup").
F2: Portsmouth Square, Inc. ("Portsmouth") is a 68.8%-owned subsidiary of Santa Fe. InterGroup owns an additional 11.7% of Portsmouth.
F3: Each share of 7 1/2% Series A-1 Convertible Preferred Stock ("A-1 Preferred") has a stated value of $1,000 per share and can be converted into shares of Common Stock at the holder's election at a rate of $0.651 per share (subject to certain adjustments). A-1 Preferred shares are convertible at any time after issuance (10/20/2010) and have no expiration.
F4: All Warrants are presently exercisable.
F5: Warrants expire as follow: April 30, 2013 - 10,000 shares; June 7, 2013 - 10,000; and August 12, 2013 - 20,000 shares.
F6: Warrants expire as follow: April 30, 2013 - 5,00 shares; June 7, 2013 - 5,000 shares; August 12, 2013 - 10,000 shares.
F7: Warrants expire as follow:December 9, 2012 - 12,500 shares; January 19, 2013 - 12,500 shares; April 20, 2013 - 12,500 shares; May 11, 2013 - 12,500 shares; June 8, 2013 - 12,500 shares; June 14, 2013 - 12,500 shares; and June 21, 2013 -12,500 shares.
F8: Warrants expire as follow: December 9, 2012 - 6,250 shares; January 19, 20103 - 6,250 shares; April 20, 2013 - 6,250 shares; May 11, 2013 - 6,250 shares; June 8, 2013 - 6,250 shares; June 14, 2013 - 6,250 shares; and June 21, 2013 - 6,250 shares.