BEYER HANS CHRISTIAN 4
4 · DEER VALLEY CORP · Filed Apr 23, 2010
Insider Transaction Report
Form 4
DEER VALLEY CORPDVLY
BEYER HANS CHRISTIAN
Director
Transactions
- Disposition to Issuer
STOCK OPTION
2010-02-26−100,000→ 34,143 total→ COMMON STOCK (100,000 underlying)
Footnotes (3)
- [F1]The Issuer redeemed from the Reporting Person (a) options exercisable for 50,000 shares of common stock and an exercise price of $1.14, and (b) options exercisable for 50,000 shares of common stock and an exercise price of $1.11
- [F2]Consists of (a) 13,333 common shares issuable upon exercise of the Company's Series A Preferred stock directly owned by Mr. Beyer, (b) 13,333 common shares issuable upon exercise of the Company's Series A Common Stock Purchase Warrant directly owned by Mr. Beyer, (c) 810 common shares issuable upon exercise of another of the Company's Series A Common Stock Purchase Warrant directly owned by Mr. Beyer, and (d) 6,667 common shares issuable upon exercise of the Company's Series B Common Stock Purchase Warrant directly owned by Mr. Beyer .
- [F3]Amounts do not include common shares or derivative securities owned by Apogee Financial Investments, Inc. Pursuant to Rule 16a-1(ii)(D), the Reporting Person is considered not to have an "indirect pecuniary interest" in securities owned by Apogee Financial Investments, Inc. In previous Form 4 filings, the Reporting Person was improperly reported as have a beneficial ownership interest in common shares and derivative securities owned by Apogee Financial Investments, Inc.