Filing Details

Accession Number:
0001580695-18-000261
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-15 17:34:48
Reporting Period:
2018-04-23
Accepted Time:
2018-05-15 17:34:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1368637 Petrolia Energy Corp BBLS Crude Petroleum & Natural Gas (1311) 861061005
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1646585 Martin Joel Oppenheim 2035 Sul Ross Street
Houston TX 77098
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 (Restricted) Acquisiton 2018-04-23 500,000 $0.10 5,701,690 No 4 M Direct
Common Stock (Restricted) Acquisiton 2018-04-23 83,333 $0.20 5,785,023 No 4 P Direct
Common Stock (Restricted) Acquisiton 2018-04-23 104,167 $0.20 5,889,190 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 P Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Warrants Disposition 2018-04-23 500,000 $0.10 500,000 $0.10
Common Warrants Acquisiton 2018-04-23 104,167 $0.00 104,167 $0.20
Common Warrants Acquisiton 2018-04-23 83,337 $0.20 83,337 $0.20
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,830,834 2017-05-23 2020-05-23 No 4 M Direct
2,726,667 2018-04-26 2020-10-21 No 4 P Direct
2,643,330 2018-04-26 2020-10-21 No 4 P Direct
Footnotes
  1. The price for the transaction reported on this line was $0.10. The reporting person will provide, upon request by the SEC, the issuer or security holder of the issuer, full information regarding the number of shares.
  2. Mr. Oppenheim exercised his 500,000 Warrant issuance that were accrued as part of his 2017 compensation package for his service on the Board.
  3. Each Warrant unit represents a contingent right to receive one share of Petrolia's common stock.
  4. The Transactions reported were part of a private placement, where by the reporting person was to receive one (1) warrant @ $0.20, exercisable for 2 year for every paid up restricted common shares purchased for their participation.