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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
948426	Coates International Ltd	COTE	Engines & Turbines (3510)	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
Series A Preferred Stock, Par Value, $0.001 Per Share	Acquisiton	2011-11-22	1,790	$0.00	72,833	No	5	P	Direct
Common Stock	Acquisiton	2011-11-22	620,000	$0.00	206,131,595	No	5	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	P	Direct
No	5	A	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

These shares were awarded to Mr. Coates pursuant to anti-dilution provisions in effect which are designed to ensure that the Coates family percentage of total eligible votes at all matters brought before the shareholders for a vote remains fixed. Each share of Series A Preferred Stock entitles the holder to 10,000 votes in connection with any matter brought before the shareholders for a vote. Shares of Series A Preferred Stock do not share in any dividends and have no rights to distribution of assets upon any liquidation.
The shares represent a compensatory award which contains a restriction that the shares shall not be issued to Mr. Coates until April 1, 2012. In accordance with the terms of the award, the Company is required to reimburse Mr. Coates for any personal income taxes he incurs as a result of the grant. However, the Company is not obligated to reimburse him for any taxes he incurs related to any sale of these awarded shares of stock.