Filing Details

Accession Number:
0001013762-11-001227
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-04 11:07:00
Reporting Period:
2011-04-29
Filing Date:
2011-05-04
Accepted Time:
2011-05-04 11:07:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
948426 Coates International Ltd COTE.OB Motor Vehicle Parts & Accessories (3714) 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 Yes Yes Yes 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 2011-04-29 112,395 $0.23 205,782,305 No 4 S Direct
Common Stock Disposition 2011-05-02 90,710 $0.30 205,691,595 No 5 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 5 S 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 1,957,760 Indirect By Spouse
Footnotes
  1. Mr. Coates has agreed to make a loan to the Company of the net proceeds, after deducting estimated taxes on these sales to provide new working capital. The loan will bear interest at the rate of 17% per annum and will be payable on demand. Mr. Coates will also receive additional shares of Series A Preferred Stock under anti-dilution provisions in effect.
  2. Net proceeds, after selling expenses amounted to $50,400.