DURHAM TIMOTHY S 4
4 · OBSIDIAN ENTERPRISES INC · Filed Jan 31, 2006
Insider Transaction Report
Form 4
DURHAM TIMOTHY S
DirectorChairman and CEO10% Owner
Transactions
- Other
Common Stock
2006-01-27−154,862→ 0 total - Other
Common Stock
2006-01-27+2,800,984→ 2,800,984 total(indirect: By Black Rock Acquisition Corporation)
Footnotes (2)
- [F1]The Reporting Person disposed of these shares in connection with a Subscription Agreement dated January 27, 2006. The shares were transferred to Black Rock Acquisition Corporation pursuant to the terms of the acquisition of shares by Black Rock Acquisition Corporation (of which the Reporting Person is a shareholder) pursuant to the Subscription Agreement for consideration other than cash.
- [F2]Represents shares of common stock acquired by Black Rock Acquisition Corporation. The Reporting Person disclaims beneficial ownership of any securities held by Black Rock Acquisition Corporation except to the extent of his pecuniary interest in Black Rock Acquisition Corporation and this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.