Filing Details
- Accession Number:
- 0001493152-19-006762
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-05-10 11:09:56
- Reporting Period:
- 2018-07-12
- Accepted Time:
- 2019-05-10 11:09:56
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1368637 | Petrolia Energy Corp | BBLS | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1187993 | Ivar Siem | 710 N. Post Oak Rd., Ste. 512 Houston TX 77024 | 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 Shares (Restricted) | Acquisiton | 2018-07-12 | 500,000 | $0.07 | 1,416,667 | No | 4 | P | Indirect | American Resources Offshore Inc. |
Common Shares | Acquisiton | 2018-10-03 | 468,750 | $0.07 | 1,885,417 | No | 4 | P | Indirect | American Resources Offshore Inc. |
Common Shares | Acquisiton | 2018-11-02 | 547,755 | $0.06 | 2,433,171 | No | 4 | P | Indirect | American Resources Offshore Inc. |
Common Shares | Acquisiton | 2018-12-19 | 156,250 | $0.08 | 2,041,667 | No | 4 | A | Indirect | American Resources Offshore Inc. |
Common Shares | Acquisiton | 2019-01-15 | 1,000,000 | $0.05 | 3,589,421 | No | 4 | A | Indirect | American Resources Offshore Inc. |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | American Resources Offshore Inc. |
No | 4 | P | Indirect | American Resources Offshore Inc. |
No | 4 | P | Indirect | American Resources Offshore Inc. |
No | 4 | A | Indirect | American Resources Offshore Inc. |
No | 4 | A | Indirect | American Resources Offshore Inc. |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Warrant | Acquisiton | 2018-08-17 | 20,000 | $0.10 | 20,000 | $0.10 |
Common Stock | Warrant | Acquisiton | 2018-09-30 | 250,000 | $0.10 | 250,000 | $0.10 |
Common Stock | Warrant | Acquisiton | 2018-12-14 | 312,500 | $0.10 | 312,500 | $0.10 |
Common Stock | Warrant | Acquisiton | 2018-12-31 | 250,000 | $0.10 | 250,000 | $0.10 |
Common Stock | Warrant | Acquisiton | 2019-03-31 | 250,000 | $0.10 | 250,000 | $0.10 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
686,667 | 2018-08-17 | 2019-08-17 | No | 4 | A | Indirect |
936,667 | 2018-09-30 | 2020-09-30 | No | 4 | A | Direct |
1,249,167 | 2018-12-14 | 2020-11-01 | No | 4 | A | Indirect |
1,499,167 | 2018-12-31 | 2020-12-31 | No | 4 | A | Direct |
1,749,167 | 2019-03-31 | 2021-03-31 | No | 4 | A | Direct |
Footnotes
- Mr. Siem acquired these shares in a private third-party transaction at a market value of $0.065/share.
- Mr. Siem acquired these shares in a private third-party transaction at a market value of $0.064/share.
- Mr. Siem indirectly participated in Private Placement #4 at $0.08/share, participants also received 2x warrants for every share, exercisable for 2 years.
- Mr. Siem acquired these shares in a private third-party transaction at a market value of $0.05/share.
- Mr. Siem receives a 250,000-warrant issuance quarterly as part of his compensation 2018 compensation package for his service on the Board; exercisable for a 24 months period.
- Mr. Siem indirectly participated in a Bridge Loan for $20,000 in August 2018, as part of the compensation for the loan participants received an interest rate of 12% simple interest and one (1) warrant for every dollar loaned; exercisable for one year.
- Mr. Siem receives a 250,000-warrant issuance quarterly as part of his compensation 2019 compensation package for his service on the Board; exercisable for a 24 months period.
- Each Warrant unit represents a contingent right to receive one share of Petrolia's common stock.