Home > Insider Trading > Filing (0001299701-17-000001)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
820600	Omagine Inc.	OMAG	Real Estate (6500)	202876380

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1299701	P Charles Kuczynski	350 Fifth Avenue Room 1103 New York NY 10118	Vice-President & Secretary	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	Acquisiton	2017-01-04	52,517	$0.62	605,737	No	4	P	Direct
Common Stock	Acquisiton	2017-02-02	47,170	$0.53	652,907	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Footnotes

The Reporting Person was issued 52,514 restricted Shares of the Issuer's Common Stock on January 4, 2017 pursuant to a Board of Directors resolution. The restricted Shares are valued at $32,348 and represent the Issuer's 2017 contribution for the benefit of the Reporting Person to the Omagine, Inc. 401(k) Plan.
The Reporting Person purchased from the Issuer 47,170 restricted Shares of the Company's $0.001 par value Common Stock on February 2, 2017 at $0.53 per Share. The securities were offered and sold pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act and did not involve a public offering.
The per Share purchase price to the Reporting Person was equal to the closing sale price of the Issuer's Common Stock on February 1, 2017 less the Finnerty discount of 18% for restricted stock and the aggregate proceeds to the Issuer was $25,000.