Home > Insider Trading > Filing (0001179110-11-006302)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1024075	Power Efficiency Corp	PEFF	Electrical Industrial Apparatus (3620)	223337365

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1230612	Herman Sarkowsky	1201 3Rd Avenue Suite 5450 Seattle WA 98101		Yes	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2008-12-02	220,000	$0.20	3,553,334	No	4	J	Direct
Common Stock	Acquisiton	2009-09-21	500,000	$0.15	4,053,334	No	4	P	Direct
Common Stock	Acquisiton	2009-12-01	115,789	$0.38	4,169,123	No	4	J	Direct
Common Stock	Acquisiton	2010-12-11	244,444	$0.18	4,413,567	No	4	J	Direct

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

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series B Convertible Preferred Stock	Acquisiton	2007-10-29	11,000	$0.50	1,100,000	$0.50
Common Stock	Common Stock Warrants	Acquisiton	2007-10-29	486,980	$0.00	486,980	$0.60
Common Stock	Common Stock Warrants	Acquisiton	2010-05-13	869,566	$0.00	869,566	$0.23
Common Stock	Series D Convertible Preferred Stock	Acquisiton	2010-06-21	13,500	$0.16	1,350,000	$0.16
Common Stock	Common Stock Warrants	Acquisiton	2010-06-21	675,000	$0.00	675,000	$0.19
Common Stock	Common Stock Options	Acquisiton	2010-08-13	62,500	$0.17	62,500	$0.17

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,100,000		No	4	P	Direct
486,980		No	4	P	Direct
869,566	2015-05-12	No	4	P	Direct
1,350,000		No	4	P	Direct
675,000	2015-06-20	No	4	P	Direct
62,500	2020-08-11	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	3,333,334	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Common Stock Warrants	$0.40	2006-11-30	2011-11-29	1,666,667	1,666,667	Direct
Common Stock	Common Stock Warrants	$0.40	2006-11-30	2011-11-29	486,980	2,153,647	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2011-11-29	1,666,667	1,666,667	Direct
2011-11-29	486,980	2,153,647	Direct

Footnotes

Issued in connection with a Preferred Stock Dividend paid in Common Stock.
None
Immediately
These warrants were part of a purchase of Series B Convertible Preferred Stock, as described above.
These stock warrants were issued in connection with a note to the issuer on 05-13-2010, and vested monthly as long as the note was outstanding. This note was paid off with the issuer's financing closed on 6/21/2010.
These warrants were part of a purchase of Series D Convertible Preferred Stock, as described above.
31,250 options become exercisable on 9/30/2010, 31,250 options become exercisable on 12/31/2010.