SEC Form 4 · accession 0001498061-15-000002
Omagine, Inc. · OMAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Hanley
Officer — Principal Accounting Officer · Other
Period of report
Aug 31, 2015
Accepted (ET)
Sep 3, 2015 · 2:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000820600
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF1,F2 | $2.00 | Aug 31, 2015 | A | 15,000 | A | Aug 31, 2015 | Dec 31, 2017 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Stock Appreciation Rights ("SARs") were granted to the Reporting Person on August 31, 2015 pursuant to a Board of Directors resolution. Grant price for all SARs is $2.00.
- F2All SARs vested as of the August 31, 2015 grant date and all SARs expire on December 17, 2017 being exercisable and payable only the Corporation's $0.001 par value Common Stock.