Key facts
- This page summarizes John Damien Trainor's Form 5 filing for FORMATION MINERALS, INC. (FOMI).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 16 Aug 2024, 10:37.
John Damien Trainor - 30 Apr 2023 Form 5 Insider Report for FORMATION MINERALS, INC. (FOMI)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- FOMI
- Reported as of
- 30 Apr 2023
- Net transaction value
- $0
- SEC form
- 5
- Accepted by SEC
- 16 Aug 2024, 10:37:00 UTC
- Prior SEC filing
- 16 Aug 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ John Trainor
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
John Damien Trainor filed Form 5 for FORMATION MINERALS, INC. (FOMI) on 16 Aug 2024.
Change
- Previous filing in this sequence was filed on 16 Aug 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 5 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FOMI
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -56,821,000
- Change %
- -91%
- Price
- Shares after
- 5,380,000
- Date
- 17 Dec 2022
- Ownership
- Direct
- Footnotes
- F1
FOMI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 7,722,209
- Date
- 30 Apr 2023
- Ownership
- Direct
- Footnotes
- F2
FOMI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 7,722,209
- Date
- 30 Apr 2023
- Ownership
- By Connell Trainor
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FOMI
transaction
Derivative
Class A Preferred Stock
Disposed to Issuer
- Transaction value
- Shares
- -23,871
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 07 Jan 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 23,871,000
- Exercise price
- Footnotes
- F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
These shares of common stock, par value $0.01 per share ("Common Stock") of SensaSure Technologies, Inc., now known as Formation Minerals, Inc. (the "Issuer"), which were cancelled for no consideration upon the Reporting Person's resignation as chief executive officer and chairman of the board of directors of the Issuer, effective as of December 17, 2022.
Footnote F2
The Reporting Person owns these shares jointly with his spouse and has the sole voting and dispositive power over these shares and as such may be deemed to beneficially own such shares. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Footnote F3
The Reporting Person has shared voting and dispositive power over the shares of Common Stock held directly by Connell Trainor and as such may be deemed to beneficially own such shares. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Footnote F4
These shares of class A preferred stock, par value $0.001 per share of the Issuer ("Class A Preferred Stock") were granted to the Reporting Person as compensation for his services as chief executive officer and chairman of the board of directors of the Issuer. Shares of Class A Preferred Stock have a conversion rate of 1 to 1,000 shares of Common Stock, at a price of $0.07 per share, and such conversion can occur subject to various performance condition, service conditions and lock up period that will vary for each of the issuances.
Footnote F5
The Reporting Person resigned from his positions of chief executive officer and chairman of the board of directors of the Issuer on December 17, 2022 and in connection therewith these shares were cancelled for no consideration upon such resignation.