Home/Filings/4/0001140361-11-035702
4//SEC Filing

BAISEITOV BAKHYTBEK R 4

Accession 0001140361-11-035702

CIK 0001093430other

Filed

Jul 5, 8:00 PM ET

Accepted

Jul 6, 12:09 PM ET

Size

5.7 KB

Accession

0001140361-11-035702

Insider Transaction Report

Form 4
Period: 2011-07-01
Transactions
  • Other

    Common Stock

    2011-07-01$2.30/sh+9,178,133$21,109,70618,576,467 total
Footnotes (2)
  • [F1]Such beneficial ownership is through convertible debt directly held by the Reporting Person. The convertible debt was originally issued by the Issuer pursuant to a) a Facility Agreement between the Issuer and Altima Central Asia Master (Fund) Ltd. dated 20 June 2008, and b) a Facility Agreement between the Issuer and Great Circle Energy Services, LLC. dated September 3, 2008. The Facility Agreements have been acquired by the Reporting Person. Each Facility Agreement provides that the debt is convertible at a fixed price of $2.30 per share.
  • [F2]The Great Circle Facility Agreement was assigned to the Reporting Person as of the transaction date. The number of shares underlying the Great Circle Facility Agreement was determined as of the transaction date and assumes the full amount of the outstanding balance of the loan would be converted. The number of shares issuable upon conversion will increase as interest continues to accrue pursuant to the Facility Agreement.

Documents

1 file

Issuer

CASPIAN SERVICES INC

CIK 0001093430

Entity typeother

Related Parties

1
  • filerCIK 0001272232

Filing Metadata

Form type
4
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 12:09 PM ET
Size
5.7 KB