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
  1. 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).
  2. Represents the date that last portion of the Stock Option vested to Mr. Sawyer.
  3. 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.