Filing Details

Accession Number:
0001213900-13-003589
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-07-12 17:56:10
Reporting Period:
2013-06-20
Filing Date:
2013-07-12
Accepted Time:
2013-07-12 17:56:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
869495 Deep Well Oil & Gas Inc DWOG.PK Crude Petroleum & Natural Gas (1311) 133087510
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1283429 A Horst Schmid Suite 700, 10150-100 Street
Edmonton A0 T5J 0P6
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-06-20 850,000 $0.05 2,800,000 No 4 P Indirect see footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect see footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to acquire) Acquisiton 2013-06-20 450,000 $0.00 450,000 $0.05
Common Stock Stock Option (right to acquire) Acquisiton 2013-06-20 1,000,000 $0.00 1,000,000 $0.05
Common Stock Warrant to Purchase Acquisiton 2013-06-20 850,000 $0.00 850,000 $0.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
900,000 2018-06-20 No 4 A Direct
1,900,000 2018-06-20 No 4 A Indirect
2,750,000 2013-06-20 2016-06-20 No 4 J Indirect
Footnotes
  1. Effective on June 20, 2013, Portwest Investments Ltd., a company 100% owned by Dr. Horst A. Schmid, closed a private placement with the Issuer for an aggregate of 850,000 units at a price of US$0.05 per unit, for total gross proceeds of US$42,500. Each unit is comprised of one common share ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one additional Common Share at a price of US$0.075 per Common Share for a period of three years from the date of closing. The exercise price of the Warrants will be adjusted from time to time upon the occurrence of certain events, as provided in the Warrants. The Warrants expire on June 20, 2016.
  2. In addition, on March 23, 2011, Dr. Horst A. Schmid was previously granted options to purchase up to 450,000 shares of common stock at an exercise price of $0.14.
  3. Effective on June 20, 2013, Dr. Horst A. Schmid was granted options to purchase 450,000 shares each of common stock at an exercise price of $0.05 per common share, 150,000 vesting immediately and the remaining vesting one-third on June 20, 2014, and one-third on June 20, 2015, with a five-year life.
  4. Effective on June 20, 2013, Portwest Investments Ltd., a company owned 100% by Dr. Horst A. Schmid, was granted options to purchase 1,000,000 shares each of common stock at an exercise price of $0.05 per common share, 500,000 vesting immediately and the remaining 500,000 vesting on June 20, 2014, with a five-year life.