Filing Details
- Accession Number:
- 0001432093-11-000511
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-08-08 17:48:00
- Reporting Period:
- 2011-08-05
- Filing Date:
- 2011-08-08
- Accepted Time:
- 2011-08-08 17:48:00
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1309082 | Lucas Energy Inc. | AMEX:LEI | Crude Petroleum & Natural Gas (1311) | 980417780 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1376883 | Alexander William Sawyer | 3555 Timmons Lane Suite 1550 Houston TX 77027 | Chief Executive Officer | 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 | 2011-08-05 | 3,000 | $2.18 | 367,446 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2011-08-08 | 1,000 | $1.96 | 368,446 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct | |
No | 4 | P | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Options | $2.07 | 2011-03-31 | 2020-10-07 | 24,000 | 224,000 | Direct |
Common Stock | Stock Options | $4.05 | 2012-04-01 | 2016-04-01 | 200,000 | 224,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2020-10-07 | 24,000 | 224,000 | Direct |
2016-04-01 | 200,000 | 224,000 | Direct |
Footnotes
- On October 7, 2010, the Issuer's Board of Directors approved the issuance to Mr. Sawyer of 17,500 shares of common stock under the Issuer's 2010 Long Term Incentive Plan (the "Plan") in the event the net production of the Issuer averages over 10,000 barrels of oil per month for a period of six months (which shares have not been issued or earned by Mr. Sawyer to date, and therefore have not been included in the table above).
- Represents the date that last portion of the Stock Option vested to Mr. Sawyer.
- Effective April 1, 2011, the Issuer's Board of Directors approved the grant to Mr. Sawyer of 200,000 options to purchase shares of common stock of the Issuer in consideration for services to be rendered to the Issuer during the April 1, 2011 to March 31, 2015 fiscal years as the Chief Executive Officer of the Issuer, which options had an exercise price of $4.05 per share and vest in tranches of 1/4th of such options per year pursuant to the Plan. The disclosure in the table above only discloses the date the first tranche is exercisable.