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
- 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.