0001547522-17-000071.txt : 20170609 0001547522-17-000071.hdr.sgml : 20170609 20170609160420 ACCESSION NUMBER: 0001547522-17-000071 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170608 FILED AS OF DATE: 20170609 DATE AS OF CHANGE: 20170609 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: COATES INTERNATIONAL LTD \DE\ CENTRAL INDEX KEY: 0000948426 STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510] IRS NUMBER: 222925432 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: HIGHWAY 34 & RIDGEWOOD RD CITY: WALL TOWNSHIP STATE: NJ ZIP: 07719 BUSINESS PHONE: 9084497717 MAIL ADDRESS: STREET 1: HIGHWAY 34 & RIDGWOOD ROAD CITY: WALL TOWNSHIP STATE: NJ ZIP: 07719 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: COATES GREGORY G CENTRAL INDEX KEY: 0001381023 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-33155 FILM NUMBER: 17902924 MAIL ADDRESS: STREET 1: HIGHWAY 34 AND RIDGEWOOD ROAD CITY: WALL TOWNSHIP STATE: NJ ZIP: 07719 4 1 doc4.xml PRIMARY DOCUMENT X0306 4 2017-06-08 false 0000948426 COATES INTERNATIONAL LTD \DE\ COTE 0001381023 COATES GREGORY G 98 RACQUET ROAD WALL NJ 07719 true true false false Secretary and Pres. Tech. Div. Series B Convertible Preferred Stock 0.0000 2017-06-08 5 A false 92033.0000 0.0000 A 2019-06-08 Common Stock 92033000.0000 1770663.0000 D The anti-dilution award to Gregory Coates was determined to be the number of shares of Series B required to maintain his ownership percentage of common stock at 6.10% of the pro forma number of shares of common stock outstanding, assuming all shares of Series B Convertible Preferred Stock are converted to common stock. This was his percentage ownership of common stock at December 31, 2002. The number of such shares issued was based on this program. This anti-dilution program does not apply to exercises of employee stock options and common stock issued pursuant to a secondary public offering of common stock. 2. There is no expiration date. There is no expiration date. Each share of Series B entitles the holder to 1,000 votes at any meeting where corporate matters are brought before the shareholders for a vote. The Series B is restricted, unregistered stock which is not convertible until the second annual anniversary after the date of issue, after which each share is freely convertible into 1,000 restricted, unregistered shares of common stock. In the event of a sale or change of control of the Corporation, the Series B shall become immediately convertible. /s/ Gregory G., Coates 2017-06-09