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MARA Holdings, Inc. — Director's Dealing 2012
Dec 7, 2012
30830_dirs_2012-12-07_a7b4734c-cdbb-479a-a522-802c89606ca4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: American Strategic Minerals Corp (ASMC)
CIK: 0001507605
Period of Report: 2012-08-03
Reporting Person: Groussman Mark (Former Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-09-14 | Common Stock | X | 302970 | — | Acquired | 3340631 | Indirect |
| 2012-11-06 | Common Stock | S | 100000 | $0.20 | Disposed | 3240631 | Indirect |
| 2012-11-06 | Common Stock | S | 750000 | $0.20 | Disposed | 2490631 | Indirect |
| 2012-11-08 | Common Stock | S | 275000 | $0.20 | Disposed | 2215631 | Indirect |
| 2012-11-09 | Common Stock | S | 250000 | $0.20 | Disposed | 1965631 | Indirect |
| 2012-11-13 | Common Stock | P | 1000000 | $0.15 | Acquired | 2965631 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-03 | Options | $0.50 | J | 1500000 | Acquired | 2022-08-03 | Common Stock (1500000) | Direct |
| 2012-11-14 | Options | $0.50 | J | 1500000 | Disposed | 2022-08-03 | Common Stock (1500000) | Direct |
Footnotes
F1: Represents shares held by Melechdavid, Inc. Mr. Groussman is the President of Melechdavid, Inc. and in such capacity holds voting and dispositive power over shares held by Melechdavid, Inc.
F2: Represents shares of common stock received upon the cashless exercise of a warrant to purchase 600,000 shares of the Company's common stock at an exercise price of $0.50 per share. Upon issuance, the 302,970 shares of common stock were assigned to a custodial account for Mr. Groussman's minor child over which Mr. Groussman's wife is custodian. Mr. Groussman disclaims any beneficial ownership over such shares.
F3: Represents ten year options to purchase 1,500,000 shares of Common Stock at an exercise price of $0.50 per share issuable to Mr. Groussman pursuant to his employment agreement dated August 3, 2012. The options were issued under the Company's 2012 Equity Incentive Plan. On November 14, 2012, Mr. Groussman agreed to forfeit the options back to the Company for cancellation.