SEC Form 4 · accession 0001299701-16-000004
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
Jan 18, 2016
Accepted (ET)
Jan 20, 2016 · 2:35 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 18, 2016 | A | 25,879 | — | A | 564,423 | D | |
| Common StockF2,F3 | Jan 18, 2016 | G | 11,200 | — | D | 553,223 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person was issued 25,879 restricted Shares of Common Stock on January 18, 2016 pursuant to a Board of Directors resolution. The Shares were valued at $32,348 and represent the Company's 2016 contribution for the benefit of the Reporting Person to the Omagine, Inc. 401(k) Plan.
- F2The Reporting Person gifted 11,200 Shares of Common Stock and disclaims ownership of these 11,200 Shares.
- F3The transfer of all 11,200 Shares of Common Stock valued at $1.25 per Share was a bona fide gift and involved no payment in consideration.