It's not clear if Faerber is buying now or has in the past. This is his first SEC filing for Amarantus. The filing doesn't indicate the date of the activity, or whether the common and preferred shares were purchased or awarded to him. Obviously the options were awarded, but the status of any recent purchase action is unclear.

Link to ALL of Faerber's AMBS filings:
http://www.sec.gov/cgi-bin/browse-edgar?actio...0001567344

From the SEC website:

Quote:

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Forms 3, 4, 5

Corporate insiders – meaning a company's officers and directors, and any beneficial owners of more than ten percent of a class of the company's equity securities registered under Section 12 of the Securities Exchange Act of 1934 – must file with the SEC a statement of ownership regarding those securities. On August 27, 2002, the SEC adopted rules and amendments to Section 16 of the Exchange Act, implementing the provisions of the Sarbanes-Oxley Act of 2002 that accelerated the deadline for filing most insider ownership reports.

The initial filing is on Form 3 . An insider of an issuer that is registering equity securities for the first time under Section 12 of the Exchange Act must file this Form no later than the effective date of the registration statement. If the issuer is already registered under Section 12, the insider must file a Form 3 within ten days of becoming an officer, director, or beneficial owner.

Changes in ownership are reported on Form 4 and must be reported to the SEC within two business days. You can find the limited categories of transactions not subject to the two-day reporting requirement in the new rule.

Insiders must file a Form 5 to report any transactions that should have been reported earlier on a Form 4 or were eligible for deferred reporting. If a Form must be filed, it is due 45 days after the end of the company's fiscal year.

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Source: http://www.sec.gov/answers/form345.htm