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MARA Holdings, Inc. — Director's Dealing 2012
Nov 20, 2012
30830_dirs_2012-11-20_2e72b432-e7bd-403e-91f5-fd98c488fb7e.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: Stetson John (Director, CFO and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-14 | Common Stock | J | 500000 | — | Acquired | 812500 | Direct |
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: Received 500,000 shares of common stock in connection with the Share Exchange Agreement dated November 14, 2012 between the Company and Sampo IP LLC.
F2: Represents 500,000 shares of common stock held by Mr. Stetson individually, 75,000 shares of Common Stock held by HS Contrarian Investments LLC and 237,500 shares of Common Stock held by Stetson Capital Investments, Inc. Mr. Stetson is the managing member of HS Contrarian Investments LLC and the President of Stetson Capital Investments, Inc. and in such capacities is deemed to have voting and dispositive power over shares held by such entities. On August 3, 2012, Mr. Stetson received a restricted stock grant of 2,000,000 shares of common stock which would not vest within 60 days. On November 14, 2012, Mr. Stetson agreed to forfeit the restricted stock grant back to the Company for cancellation. No portion of the restricted stock grant had vested at the time of forfeiture. The amount reflected does not include the restricted stock grant of 2,000,000 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. Stetson 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. Stetson agreed to forfeit the options back to the Company for cancellation.