Filing Details
- Accession Number:
- 0001062993-10-001884
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-06-02 13:00:00
- Reporting Period:
- 2010-03-30
- Filing Date:
- 2010-06-02
- Accepted Time:
- 2010-06-02 10:42:09
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1069489 | Wescorp Energy Inc | WSCE | Oil & Gas Field Services, Nec (1389) | 980447716 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1362231 | Martin Robert Nicolay | 435 - 4Th Avenue S.w. Suite 770 Calgary A0 T2P 3A8 | Chief Financial Officer | Yes | 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 | Disposition | 2010-03-30 | 50,000 | $0.20 | 50,000 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Common Stock (option to buy) | Acquisiton | 2010-05-27 | 469,439 | $0.00 | 469,439 | $0.24 |
Common Stock | Common Stock (option to buy) | Acquisiton | 2010-05-27 | 1,000,000 | $0.00 | 1,200,000 | $0.24 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
469,439 | 2010-05-27 | 2015-05-27 | No | 4 | A | Indirect |
1,200,000 | No | 4 | A | Indirect |
Footnotes
- The options were issued pursuant to a Services Agreement to Oak Point Consulting Group Ltd., an Alberta corporation, which is 100% owned by Robert Nicolay.
- Fifty percent of the options vest on May 27, 2010, 25% of the options vest on May 27, 2011 and 25% of the options vest of May 27, 2012.
- The options expire five years following vesting.