Home > Insider Trading > Filing (0001441557-12-000025)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1045390	Colombia Energy Resources Inc.	CERX	Bituminous Coal & Lignite Surface Mining (1221)	870567033

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1492390	F Daniel Carlson	38 Hunter Creek Road Fairfax CA 94930	Vice President	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	2012-04-02	2,500	$1.20	410,234	No	4	P	Direct

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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	407,734	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Options	$2.50	2010-12-28	2015-12-28	50,000	50,000	Direct
Common Stock	Options	$5.00	2010-12-28	2015-12-28	50,000	100,000	Direct
Common Stock	Restricted Stock Units	$0.00	2012-05-08	2013-05-08	35,700	135,700	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2015-12-28	50,000	50,000	Direct
2015-12-28	50,000	100,000	Direct
2013-05-08	35,700	135,700	Direct

Footnotes

Vesting: 3 years, 25% immediate and 25% on each anniversary for 3 years.
The restricted stock units ("RSUs") will vest on the date of the 2012 annual meeting of the stockholders which is tentatively scheduled for May 8, 2012 and will expire at the end of the director's term. If the director resigns for cause or is removed for cause before the end of his term, the RSUs woulde lapse. However if the director resigns for health or other appropriate reasons, his RSUs would vest immediately. The director is not permitted to sell the vested shares until he is not longer a director.