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Filing Details

Accession Number:: 0001547522-13-000139
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-11-26 12:03:48
Reporting Period:: 2013-11-22

Filing Date:: 2013-11-26
Accepted Time:: 2013-11-26 12:03:48
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
948426	Coates International Ltd	COTE	Engines & Turbines (3510)	222925432

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1160170	J. George Coates	1811 Murray Drive Wall Township NJ 07719	President And Ceo	No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2013-11-22	100,000	$0.05	205,009,898	No	4	S	Direct
Common Stock	Disposition	2013-11-22	61,800	$0.05	204,948,098	No	4	S	Direct
Common Stock	Disposition	2013-11-26	10,000	$0.05	204,938,098	No	5	S	Direct
Series A Preferred Stock	Acquisiton	2013-11-26	1,057	$0.00	135,317	No	5	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	5	S	Direct
No	5	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,165,507	Indirect	By Self, as Trustee for The Coates Trust
Common Stock	1,956,960	Indirect	By Spouse

Footnotes

These shares were awarded to Mr. Coates pursuant to anti-dilution provisions which became effective May 17, 2013. This issuance is calculated as the number of shares needed to ensure that the Coates family percentage of total eligible votes at all matters brought before the shareholders for a vote remains fixed at 93.93%. Each share of Series A Preferred Stock entitles the holder to 10,000 votes. Shares of Series A Preferred Stock have no conversion rights, do not share in any dividends and have no rights to distribution of assets upon liquidation. The estimated fair value of these shares is $2,642.
Form 144 was filed on behalf of Mr. Coates in connection with the sale of these shares. Mr. Coates received net proceeds of $4,507.41. Although under no obligation to do so, Mr. Coates may agree to make these funds available to the company to be used as working capital in exchange for capital stock or as an interest-bearing loan, if deemed necessary.
Form 144 was filed on behalf of Mr. Coates in connection with the sale of these shares. Mr. Coates received net proceeds of $2,636.90. Although under no obligation to do so, Mr. Coates may agree to make these funds available to the company to be used as working capital in exchange for capital stock or as an interest-bearing loan, if deemed necessary.
Form 144 was filed on behalf of Mr. Coates in connection with the sale of these shares. Mr. Coates received net proceeds of $369.99. Although under no obligation to do so, Mr. Coates may agree to make these funds available to the company to be used as working capital in exchange for capital stock or as an interest-bearing loan, if deemed necessary.