Filing Details

Accession Number:
0001209191-11-039786
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-18 16:52:59
Reporting Period:
2011-07-14
Filing Date:
2011-07-18
Accepted Time:
2011-07-18 16:52:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
867687 America West Resources Inc. AWSR.0B Bituminous Coal & Lignite Mining (1220) 841152135
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1467009 Trust Revocable 2004 Waaden Von 13809 Research Boulevard
Suite 810
Austin TX 78750
No No Yes No
1467010 C Dennis Waaden Von 13809 Research Boulevard
Suite 810
Austin TX 78750
No No Yes No
1467011 A. Sally Waaden Von 13809 Research Boulevard
Suite 810
Austin TX 78750
No No Yes No
1467012 D Matthew Waaden Von 13809 Research Boulevard
Suite 810
Austin TX 78750
No No Yes No
1467013 Mark D Waaden Von 13809 Research Boulevard
Suite 810
Austin TX 78750
No 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 Explanation
Common Stock, Par Value $.0001 Acquisiton 2011-07-14 3,600,000 $1.00 14,654,160 No 4 C Indirect By Denly Utah Coal, LLC
Common Stock, Par Value $.0001 Acquisiton 2011-07-14 2,701,923 $1.00 17,356,083 No 4 C Indirect By Danly Utah Coal, LLC
Common Stock, Par Value $.0001 Acquisiton 2011-07-15 298,078 $1.00 17,654,161 No 4 P Indirect By Denly Utah Coal, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By Denly Utah Coal, LLC
No 4 C Indirect By Danly Utah Coal, LLC
No 4 P Indirect By Denly Utah Coal, LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock 8% Convertible Debenture Disposition 2011-07-14 0 $0.00 3,600,000 $1.00
Common Stock 8% Convertible Debenture Acquisiton 2011-07-14 0 $1.00 2,701,923 $1.00
Common Stock 8% Convertible Debenture Disposition 2011-07-14 0 $0.00 2,701,923 $1.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,083,331 2011-03-31 2014-06-01 No 4 C Indirect
3,785,254 2011-07-14 2011-07-14 No 4 P Indirect
1,083,331 2011-07-14 2011-07-14 No 4 C Indirect
Footnotes
  1. The securities reported on this Form 4 are owned directly by the Denly Utah Coal, LLC, a Texas limited liability company (the "Company"). The two members of the Company are Denly ACI Partners, Ltd., a Texas limited partnership, which holds a 66 2/3% membership interest in the Company, and The von Waaden 2004 Revocable Trust, which owns a 33 1/3% membership interest in the Company. The general partner of Denly ACI Partners, Ltd. is Denly ACI Mgt., LLC, which is owned by Dennis C. von Waaden and Sally A. von Waaden. The co-trustees and co-beneficiaries of The von Waaden 2004 Revocable Trust are Dennis C. von Waaden and Sally A. von Waaden. Additionally, Dennis C. von Waaden, Sally A. von Waaden, D. Mark von Waaden and Matthew D. von Waaden are each an officer of and member of the board of managers of the Company. Each of the reporting persons may have a pecuniary interest in only a portion of such securities and disclaims beneficial ownership except to the extent thereof.
  2. The Company made a total of $2,690,130.00 in loans to the Issuer between June 3, 2011 and July 14, 2011. Outstanding principal and unpaid accrued interest on these loans converted automatically on July 14, 2011 pursuant to that certain First Amended and Restated Conversion and Stock Purchase Agreement dated effective June 23, 2011 because the Issuer satisfied certain conditions by that date.
  3. The number of the Issuer's derivative securities beneficially owned by the Company at any time depends on the principal and unpaid accrued interest outstanding at that time on an 8% Convertible Debenture acquired by the Company on March 31, 2011 (the "March 31, 2011 Convertible Debenture"). Apart from the March 31, 2011 Convertible Debenture, the Company owns 1,083,331 Issuer derivative securities.