NEXGEN BIOFUELS LTD 4
4 · NEXGEN BIOFUELS LTD · Filed May 16, 2008
Insider Transaction Report
Form 4
NEXGEN BIOFUELS LTDNXGNF
Ajjarapu J. Ram
DirectorChief Executive Officer10% Owner
Transactions
- Sale
Ordinary Shares, par value NIS 0.04
2008-05-06$1.25/sh−175,000$218,750→ 34,976,842 total(indirect: By Partnership)
Footnotes (2)
- [F1]Represents shares sold by MAC Bioventures, Inc. of which Mr. Ajjarapu's spouse is the sole stockholder.
- [F2]Represents 33,151,842 shares owned by RACA Investors Limited Partnership, of which Mr. Ajjarapu's spouse is the sole member of the general partner and 1,825,000 shares owned by MAC Bioventures, Inc., of which Mr. Ajjarapu's spouse is the sole director and stockholder. Mr. Ajjarapu disclaims beneficial ownership of the shares beneficially owned by his spouse.