Filing Details

Accession Number:
0001183740-11-000325
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-10 15:17:56
Reporting Period:
2011-02-14
Filing Date:
2011-05-10
Accepted Time:
2011-05-10 14:17:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1425808 Strategic American Oil Corp SGCA Crude Petroleum & Natural Gas (1311) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1416989 Jeremy Driver One Sugar Creek Center Blvd.
Suite 125
Sugar Land TX 77478
President, Ceo Yes 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 2011-02-14 16,700,000 $0.10 16,700,000 No 4 P Indirect By KD Navigation, Inc.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By KD Navigation, Inc.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2011-04-21 1,875,000 $0.00 1,875,000 $0.20
Common Stock Employee Stock Option (right to buy) Acquisiton 2011-04-21 1,875,000 $0.00 1,875,000 $0.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2012-12-01 No 4 D Direct
1,875,000 2012-12-01 No 4 A Direct
Footnotes
  1. The two reported transactions involved an amendment of an outstanding option, resulting in the deemed canellation of the "old" option and the grant of a replacement option. The option was originally granted on December 1, 2009 and provides for vesting in four equal semi-annual instalments commencing on December 1, 2009.