SEC Form 4 · accession 0001299701-15-000001
Omagine, Inc. · OMAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles P Kuczynski
Officer — Vice-President & Secretary · Director
Period of report
Dec 29, 2014
Accepted (ET)
Jan 7, 2015 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000820600
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 5, 2015 | A | 15,888 | — | A | 546,111 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Purchase OptionsF3,F1,F2,F4,F5 | — | Dec 29, 2014 | A | 75,000 | A | — | — | Common Stock | 75,000 | 375,000 | D |
Explanation of responses
- F1The Reporting Person was issued 15,888 restricted Shares of Common Stock on January 5, 2015 pursuant to a Board of Directors resolution. The Shares were valued at $33,205 and represent the Company's 2015 contribution for the benefit of the Reporting Person to the Omagine, Inc. 401(k) Plan.
- F2All 75,000 Options are exercisable at an exercise price of $2.55 per Share and have a cashless exercise feature.
- F3The Reporting Person was granted 75,000 Common Stock Purchase Options pursuant to a Board of Directors resolution dated December 29, 2014.
- F4All 75,000 Options vested on the grant date, December 29, 2014.
- F5All unexercised Options expire on December 31, 2015.