Filing Details

Accession Number:
0001521536-12-001234
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-12-07 14:59:16
Reporting Period:
2012-08-03
Filing Date:
2012-12-07
Accepted Time:
2012-12-07 14:59:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1507605 American Strategic Minerals Corp ASMC Sanitary Services (4950) 010949984
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1552880 Mark Groussman 4400 Biscayne Boulevard, Suite #850
Miami FL 33137
Former Chief Executive Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-09-14 302,970 $0.00 3,340,631 No 4 X Indirect See Note
Common Stock Disposition 2012-11-06 100,000 $0.20 3,240,631 No 4 S Indirect See Note
Common Stock Disposition 2012-11-06 750,000 $0.20 2,490,631 No 4 S Indirect See Note
Common Stock Disposition 2012-11-08 275,000 $0.20 2,215,631 No 4 S Indirect See Note
Common Stock Disposition 2012-11-09 250,000 $0.20 1,965,631 No 4 S Indirect See Note
Common Stock Acquisiton 2012-11-13 1,000,000 $0.15 2,965,631 No 4 P Indirect See Note
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Indirect See Note
No 4 S Indirect See Note
No 4 S Indirect See Note
No 4 S Indirect See Note
No 4 S Indirect See Note
No 4 P Indirect See Note
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Options Acquisiton 2012-08-03 1,500,000 $0.00 1,500,000 $0.50
Common Stock Options Disposition 2012-11-14 1,500,000 $0.00 1,500,000 $0.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,500,000 2012-08-03 2022-08-03 No 4 J Direct
0 2012-08-03 2022-08-03 No 4 J Direct
Footnotes
  1. Represents shares held by Melechdavid, Inc. Mr. Groussman is the President of Melechdavid, Inc. and in such capacity holds voting and dispositive power over shares held by Melechdavid, Inc.
  2. Represents shares of common stock received upon the cashless exercise of a warrant to purchase 600,000 shares of the Company's common stock at an exercise price of $0.50 per share. Upon issuance, the 302,970 shares of common stock were assigned to a custodial account for Mr. Groussman's minor child over which Mr. Groussman's wife is custodian. Mr. Groussman disclaims any beneficial ownership over such shares.
  3. Represents ten year options to purchase 1,500,000 shares of Common Stock at an exercise price of $0.50 per share issuable to Mr. Groussman pursuant to his employment agreement dated August 3, 2012. The options were issued under the Company's 2012 Equity Incentive Plan. On November 14, 2012, Mr. Groussman agreed to forfeit the options back to the Company for cancellation.