Home > Insider Trading > Filing (0001181431-10-015620)

Filing Details

Accession Number:: 0001181431-10-015620
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-03-11 12:00:00
Reporting Period:: 2010-03-09

Filing Date:: 2010-03-11
Accepted Time:: 2010-03-11 16:53:10
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
776008	Star Scientific Inc	CIGX	Cigarettes (2111)	521402131

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1444109	Scott Peters	C/O Tradewinds Investment Management, Lp Three Harbor Drive, Suite 213 Sausalito CA 94965	No	No	Yes	No
1445823	Feehan Partners, L.p.	C/O Tradewinds Investment Management, Lp Three Harbor Drive, Suite 213 Sausalito CA 94965	No	No	Yes	No
1445824	P.v. Partners, L.p.	C/O Tradewinds Investment Management, Lp Three Harbor Drive, Suite 213 Sausalito CA 94965	No	No	Yes	No
1445825	Ltd. (Bvi) Fund Master Tradewinds	C/O Tradewinds Investment Management, Lp Three Harbor Drive, Suite 213 Sausalito CA 94965	No	No	Yes	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	Explanation
Common Stock	Acquisiton	2010-03-09	1,754,386	$1.14	13,288,408	No	4	P	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnote

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrant	Disposition	2010-03-09	1,754,386	$0.00	1,754,386	$2.00
Common Stock	Warrant	Acquisiton	2010-03-09	1,754,386	$0.00	1,754,386	$1.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,870,939	2008-09-14	2013-09-14	No	4	H	Indirect
3,870,939	2008-09-14	2013-09-14	No	4	A	Indirect

Footnotes

Robert W. Scannell is a director Tradewinds Master Fund (BVI), Ltd. ("Tradewinds") and the General Partner of Feehan Partners, L.P. ("Feehan") and has voting and investment power over each entity's respective securities. Scott P. Peters is a director of Tradewinds Master Fund (BVI), Ltd. and the General Partner of PV Partners, L.P. ("PVP") and has voting and investment power over each entity's respective securities. Mr. Peters owns a Roth IRA and an Individual IRA and has voting and investment power over the securities held in them. Tradewinds Master Fund (BVI), Ltd. is a business company organized in the British Virgin Islands. Tradewinds Investment Management, L.P. is its investment manager pursuant to an investment management agreement over which Messrs. Scannell and Peters exercise voting and investment authority and control. (Continued in Footnote 2)
Mr. Peters disclaims beneficial ownership of and receives no pecuniary interest from the securities held by Feehan and Mr. Scannell disclaims beneficial ownership of and receives no pecuniary interest from the securities held by PVP or Mr. Peters' Roth IRA and Individual IRA. Each Reporting Person individually owns less than 10% of the CIGX securities, but as a group, the Reporting Persons own over 10% of the CIGX securities.
On March 9, 2010, the Issuer entered into a Securities Purchase and Registration Rights Agreement ("Agreement") with PVP, Feehan and Tradewinds. Pursuant to the Agreement, the exercise price of warrants held by PVP, Feehan and Tradewinds was reduced from $2 to $1.50 in relation to 500,000, 250,000 and 1,004,386 warrants, respectively.