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Amended Statement of Changes in Beneficial Ownership (4/a)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
KYTE CECIL BOND 2. Issuer Name and Ticker or Trading Symbol
SAVE THE WORLD AIR INC [ ZERO ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director _____ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
735 STATE STREET, STE. 500 3. Date of Earliest Transaction (MM/DD/YYYY)
1/30/2012
(Street)
SANTA BARBARA, CA 93101
(City) (State) (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
1/31/2012
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 8. Price of Derivative Security
(Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase Common Stock $.25 1/30/2012 1/30/2012 A 3520000 1/30/2012 1/29/2021 Common Stock 3520000 $0 4620000 D
Explanation of Responses:
Remarks:
As reported in Issuer's Form 8-K, filed on March 9, 2011, Issuer granted Mr. Kyte, effective on January 30, 2011 ("Vesting Commencement Date"), an option ("Option") to purchase 17,600,000 shares ("Shares") of common stock of Issuer at an exercise price of $0.25 per Share. Subject to Mr. Kyte's continued employment with Issuer, 20% of the Shares, i.e. 3,520,000 Shares, subject to the Option, vest on each anniversary of the Vesting Commencement Date.
Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
KYTE CECIL BOND
735 STATE STREET, STE. 500
SANTA BARBARA, CA 93101 X
Chief Executive Officer
Signatures
/s/ Cecil Kyte 3/14/2013
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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