Filing Details
- Accession Number:
- 0001553571-16-000001
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-09-02 18:45:26
- Reporting Period:
- 2016-09-02
- Filing Date:
- 2016-09-02
- Accepted Time:
- 2016-09-02 18:45:26
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1156041 | Houston American Energy Corp | HUSA | Crude Petroleum & Natural Gas (1311) | 760675953 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1553571 | Keith R. Grimes | 801 Travis Street, Suite 1425 Houston TX 77002 | 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 | 2016-09-02 | 30,000 | $0.20 | 30,000 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | $1.18 | 2013-01-02 | 2022-07-02 | 25,000 | 25,000 | Direct |
| Common Stock | Stock Option (Right to Buy) | $0.31 | 2013-12-11 | 2023-06-11 | 25,000 | 25,000 | Direct |
| Common Stock | Stock Option (Right to Buy) | $0.42 | 2014-12-10 | 2024-06-10 | 50,000 | 50,000 | Direct |
| Common Stock | Stock Option (Right to Buy) | $0.20 | 2015-12-09 | 2025-06-09 | 50,000 | 50,000 | Direct |
| Common Stock | Stock Option (Right to Buy) | $0.22 | 2016-12-07 | 2026-06-07 | 50,000 | 50,000 | Direct |
| Common Stock | Stock Option (Right to Buy) | $0.22 | 2017-06-07 | 2026-06-07 | 150,000 | 150,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2022-07-02 | 25,000 | 25,000 | Direct |
| 2023-06-11 | 25,000 | 25,000 | Direct |
| 2024-06-10 | 50,000 | 50,000 | Direct |
| 2025-06-09 | 50,000 | 50,000 | Direct |
| 2026-06-07 | 50,000 | 50,000 | Direct |
| 2026-06-07 | 150,000 | 150,000 | Direct |
Footnotes
- The options were granted on June 7, 2016 and are exercisable six months from the date of grant, subject to vesting. The options vest 20% on the date of grant and 80% nine months from the grant date.
- The options were granted on June 7, 2016 and are exercisable six months from the date of grant, subject to vesting. The options vest (a) 50% on the earlier of (i) June 7, 2017, or (ii) the day prior to the next annual shareholders' meeting, and (b) 50% on the earlier of (i) June 7, 2018, or (ii) the day prior to the second annual shareholders' meeting following the grant date; provided that (c) all unvested options will vest upon completion of a transaction(s) involving the issuance of equity securities providing not less than $2 million of additional shareholders' equity.
Billionaire Hedge Funds
