Home/Filings/4/0001181431-05-009693
4//SEC Filing

IMPACT INTERNATIONAL L L C 4

Accession 0001181431-05-009693

CIK 0001088881other

Filed

Feb 13, 7:00 PM ET

Accepted

Feb 14, 5:55 PM ET

Size

9.4 KB

Accession

0001181431-05-009693

Insider Transaction Report

Form 4
Period: 2005-02-11
Transactions
  • Sale

    Common Stock

    2005-02-11$1.56/sh10,000$15,600795,600 total
  • Sale

    Common Stock

    2005-02-14$1.64/sh1,000$1,640794,600 total
Holdings
  • Common Stock

    Exercise: $0.34From: 2003-04-16Exp: 2006-04-16Common Stock (8,500,000 underlying)
    8,500,000
Footnotes (2)
  • [F1]Impact International, L.L.C. is the beneficial owner as that term is used in Section 4(b)(v) of the General Instructions for filing of Form 4. Impact International, L.L.C. is owned sixty-eight percent (68%) by Impact Energy Services, L.L.C., an Oklahoma limited liability company ("Impact Energy"), and thirty-two percent (32%) by Ramiiilaj, A Limited Partnership ("Ramiiilaj"). However, pursuant to the Operating Agreement of Impact International, L.L.C. (the "Operating Agreement"), as amended effective for all purposes as of April 16, 2003, the net proceeds of the Warrant received by Impact International, L.L.C. upon exercise of the Warrant will be allocated to the capital account of Impact Energy. Impact Energy is owned in equal shares by Impact Partners, L.L.C., an Oklahoma limited liability company ("Impact Partners") and Potato Pipeline Company, L.L.C., an Oklahoma limited liability company ("Potato Pipeline").
  • [F2]Impact Partners is owned in forty-five percent (45%) by Donald T. Jacobsen, twenty-three percent (23%) by Larry D. Woodson, fourteen percent (14%) by Gregory L. Brooks, nine percent (9%) by Robert W. Shain, and nine percent (9%) by Chris K. Corcoran. Each of the foregoing ownership percentages has been rounded up or down to the nearest percent. The Robert A. Hefner Trust No. 1 and The Eva Hefner Trust No. 1 each own a fifty percent (50%) interest in Potato Pipeline. Impact Energy, Impact Partners, Potato Pipeline, Mr. Jacobsen, Mr. Woodson, The Robert A. Hefner Trust No. 1 and the Eva Hefner Trust No. 1 are referred to herein as the "Additional Persons." The address for each of the Additional Persons is as set forth above for Impact.

Issuer

TIDELANDS OIL & GAS CORP

CIK 0001088881

Entity typeother
IncorporatedOK

Related Parties

1
  • filerCIK 0001231623

Filing Metadata

Form type
4
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:55 PM ET
Size
9.4 KB