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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option | $ 0.49 | 07/27/2006 | A(2) | 1,500,000 | (3) | 07/27/2016 | Stock Option | 1,500,000 | $ 0.49 | 1,500,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GRAHAM THOMAS JR C/O NOVASTAR RESOURCES LTD., 8300 GREENSBORO DRIVE, SUITE 800 MCLEAN, VA 22102 |
X | Chairman and Interim Secretary |
/s/ Thomas Graham, Jr. | 08/07/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Previously reported (not amended). |
(2) | The stock option was granted pursuant to a stock option agreement between the Reporting Person and the Issuer, dated as of July 27, 2006. |
(3) | The option vested with respect to 1/36 of the total number of shares on July 27, 2006 and thereafter vests with respect to 1/36 of the total number of shares on the first day of each month until all shares underlying the Option have vested. The option immediately automatically vest in full upon termination of the reporting person without Cause (as defined in an employment agreement between the Reporting Person and the Company, effective as of July 27, 2006). |