NORRIS PATRICK L. (CEO, Pres, Sec, Treasurer) purchased 4.1% of their position (1.50M shares) of NORRIS INDUSTRIES, INC. on the open market
Open‑market purchase worth $225.0K — a small addition. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 12/23/2019ACC: 0001493152-19-019617
DirectorOfficer10% Owner· CEO, Pres, Sec, Treasurer
Since Dec 2019
+6.50M
Net shares
Net buyer
$225.0K
Total acquired
1
Open market trades
1B · 0S
2
Total transactions
6.50M acquired
Non-Derivative Transactions1
Common Stock
Direct
Shares
+1.50M
Price / share
$0.15
Trade value
$225K
% of position
4.1%
9/24/2019
36.28M→37.78M
Total
Net shares
+1.50M
Net value
$225K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/24/2019 | P · Purchase | +1.50M | $0.15 | $225K | 4.1% | 36.28M | 37.78M |
| Total | +1.50M | $225K | ||||||
Derivative Transactions1
Convertible Note
Indirect
Converts to
Common Stock
12.75M shares
Shares
+5M
Strike price
0.2
Held after
12.75M
Exercisable
—
9/30/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Convertible Note Indirect | Common Stock12.75M shares | 9/30/2019 | A · Award | +5M | 0.2 | — | 12.75M |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned22.17M
Total
22.17M indirect22.17M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 22.17M | Indirect |
| Total | 22.17M | 22.17M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported