SEC Form 4 · accession 0001335630-15-000001
Discovery Energy Corp. · DENR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William E Begley
Officer — CFO · Director
Period of report
Dec 29, 2014
Accepted (ET)
Jan 14, 2015 · 3:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001435387
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 29, 2014 | A | 302,000 | $0.30 | A | 11,404,924 | D | |
| Common Stock | Jan 14, 2015 | J | 250,000 | $0.30 | D | 11,154,924 | D | |
| Common Stock | Jan 14, 2015 | G | 36,000 | $0.30 | D | 11,118,924 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were acquired in exchange for indebtedness owed by the Company to the Reporting Person in the amount of $90,600; thus, the shares were valued at a per-share-value of $0.30.
- F2These shares were disposed of in exchange for a like number of shares in a privately held company, which the related parties valued at $0.30 per share.
- F3These shares were disposed of in bona fides gifts to four relatives of the Reporting Person.