SEC Form 5/A · accession 0001165195-16-000063
BALTIA AIR LINES INC · BLTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 5/A). It replaces an earlier filing for the same period.
Reporting owner
Russell Thal
Officer — Executive VP
Period of report
Dec 31, 2011
Accepted (ET)
Apr 28, 2016 · 9:49 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000869187
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 6, 2011 | A | 2,000,000 | $0.0001 | A | 23,254,600 | D | |
| Common StockF1 | Jun 24, 2011 | A | 3,000,000 | $0.0001 | A | 23,254,600 | D | |
| Common StockF2 | Jun 24, 2011 | A | 9,000,000 | $0.0001 | A | 23,254,600 | D | |
| Common StockF1,F3 | Jun 24, 2011 | G | 9,000,000 | $0.00 | D | 23,254,600 | D | |
| Common StockF3 | Dec 23, 2011 | A | 3,000,000 | $0.0001 | A | 23,254,600 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1No change from previous filing on 10/17/2012.
- F2This transaction relates to a distribution of shares to various family members at the direction of the reporting person, done as compensation to the reporting person, and erroneously not reported since no certificate was issued. This error was originally discovered in an audit which was conducted over a year ago, and properly noted in the 2014 10-K, but not corrected in the reporting person's filings, as is being done today with this filing.
- F3The sum total of shares for reporting persons was erroneously calculated by the error noted in Footnote 2 above.