UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 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. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Option | Â (3) | 08/31/2015 | Common Stock | 180,000 | $ 1 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BOSE TAPAN 3965 DECHATEAUFORD TROIS-RIVIERES, A8 G8Y 2A8 |
 |  |  | Dir, Pres Canadian subsidiary |
Tapan K. Bose | 02/06/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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) | The company's stock was first quoted as HYEG. OB on the OTC Bulletin Board, on September 6, 2005. Prior to that, it was quoted under the symbol GMTL.OB, and the company's name was Green Mt Labs, Inc. Green Mt Labs, Inc. acquired Hydrogen Engine Center, Inc. in a reverse merger transaction on August 30, 2005 and is in the process of completing the change of its name to Hydrogen Engine Center, Inc. |
(2) | The shares of restricted stock were awarded on September 1, 2005 under the company's Incentive Compensation Plan for services as a director. This award vests immediately as to 10,000 shares, on September 1, 2006 as to 5,000 shares, and on September 1, 2007 as to 5,000 shares. |
(3) | These options were awarded on September 1, 2005 under the company's Incentive Compensation Plan for services as an employee. These options become exercisable as to 20% immediately and 20% per year thereafter until fully vested. |
(4) | These shares were issued September 1, 2005, upon conversion of promissory note held by the Reporting person. |