Filing Details
- Accession Number:
- 0001019687-14-000025
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-01-03 18:53:29
- Reporting Period:
- 2014-01-01
- Filing Date:
- 2014-01-03
- Accepted Time:
- 2014-01-03 18:53:29
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1415286 | Sara Creek Gold Corp. | SCGC | Crude Petroleum & Natural Gas (1311) | 980511130 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1589383 | Darren Katic | 648 1St St Hermosa Beach CA 90254 | Ceo | Yes | Yes | Yes | 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 | 2014-01-01 | 1,500,000 | $0.10 | 7,500,000 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrant for Common Stock (obiligation to sell) | Disposition | 2014-01-01 | 75,000 | $0.00 | 75,000 | $0.01 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 75,000 | 2014-01-01 | 2018-12-31 | No | 4 | S | Direct |
Footnotes
- The purchase price for these shares is deemed to be $0.10. These shares were issued in exchange for the Reporting Person's entire membership interest in Hawker Energy, LLC, pursuant to the terms of that certain Amended and Restated Option Agreement, dated November 20, 2013, attached as Exhibit 10.1 to Issuer's 10-K filed on November 29, 2013.
- Pursuant to a Warrant Agreement, the Reporting Person has granted a warrant to purchase 2.5% of any shares acquired by the Reporting Person from the Issuer in connection with the Issuer's exercise of its option to acquire certain membership interests of Hawker Energy, LLC from the Reporting Person, including shares acquired in the future. In consideration for the warrant to purchase the underlying shares, the grantee provides the Issuer with certain professional services, including, without limitation, administrative and accounting services, of which the Reporting Person derives a benefit.
Billionaire Hedge Funds
