Filing Details
- Accession Number:
- 0001580695-14-000026
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-01-21 12:20:00
- Reporting Period:
- 2014-01-16
- Filing Date:
- 2014-01-21
- Accepted Time:
- 2014-01-21 12:20:00
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1309082 | Lucas Energy Inc. | LEI | Crude Petroleum & Natural Gas (1311) | 980417780 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1561439 | Charles Anthony Schnur | 3555 Timmons Lane, Suite 1550 Houston TX 77027 | Ceo & President | No | Yes | 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 | 2013-12-31 | 5,182 | $0.97 | 29,700 | No | 4 | A | Direct | |
Common Stock | Disposition | 2013-12-31 | 1,692 | $0.97 | 28,008 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2013-12-11 | 2,000 | $0.99 | 59,461 | No | 4 | P | Indirect | By IRA |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | P | Indirect | By IRA |
Footnotes
- Effective November 1, 2012 (and amended and restated December 12, 2012), the Issuer entered into an employment agreement with Mr. Schnur. Pursuant to the agreement, $20,000 of Mr. Schnur's annual salary is payable in shares of the Issuer's common stock, which are due quarterly. The above represents the $5,000 quarterly payment of shares due December 31, 2013, which shares were not physically issued until January 16, 2014.
- Shares forfeited/withheld in lieu of payment of tax liability in connection with the transaction described in footnote 1, above.
- The Form 4 filed by Mr. Schnur on December 16, 2013 (the "Prior Form 4") incorrectly reported that the 2,000 shares of the Issuer's common stock purchased on December 11, 2013 were held individually by Mr. Schnur, whereas such shares were instead held indirectly by Mr. Schnur through his IRA. This Form 4 corrects the Prior Form 4 by disclosing that December 16, 2013 purchase as through Mr. Schnur's IRA and reduces Mr. Schnur's direct personal ownership of shares by the 2,000 shares acquired through his IRA.