Filing Details

Accession Number:
0001140361-13-000583
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-01-03 15:18:55
Reporting Period:
2012-12-31
Filing Date:
2013-01-03
Accepted Time:
2013-01-03 15:18:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1001614 Tengasco Inc TGC Crude Petroleum & Natural Gas (1311) 870267438
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1016286 E Peter Salas P.o. Box 16867
Ferndandina FL 32095
Yes No Yes No
1287741 Dolphin Offshore Partners Lp 129 East 17Th Street
New York NY 10003
No No Yes 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 Disposition 2012-12-31 218,000 $1.10 0 No 4 S Direct
Common Stock Disposition 2012-12-31 15,458,321 $1.10 5,381,171 No 4 S Indirect By Affiliate Partnership
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Indirect By Affiliate Partnership
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option Right to Buy Acquisiton 2013-01-02 1 $0.00 6,250 $0.64
Common Stock Option Right to buy Acquisiton 2012-10-01 1 $0.00 6,250 $0.73
Common Stock Option Right to buy Acquisiton 2012-07-02 1 $0.00 6,250 $0.81
Common Stock Option Right to buy Acquisiton 2012-04-02 1 $0.00 6,250 $1.07
Common Stock Option Right to buy Acquisiton 2012-01-03 1 $0.00 6,250 $0.75
Common Stocik Option Right to Buy Acquisiton 2011-10-03 1 $0.00 6,250 $0.72
Common Stock Option Right to buy Acquisiton 2011-07-06 1 $0.00 6,250 $0.84
Common Stock Option Right to buy Acquisiton 2011-04-01 1 $0.00 6,250 $1.16
Common Stock Option Right to Buy Acquisiton 2011-03-17 1 $0.00 25,000 $1.08
Common Stock Option Right to buy Acquisiton 2010-02-08 1 $0.00 25,000 $0.43
Common Stock Option Right to Buy Acquisiton 2009-01-08 1 $0.00 25,000 $0.70
Common Stock Option Right to buy Acquisiton 2008-06-03 1 $0.00 25,000 $1.44
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1 2013-01-02 2018-01-01 No 4 J Direct
1 2012-10-01 2017-09-30 No 4 J Direct
1 2012-07-02 2017-07-01 No 4 J Direct
1 2012-04-02 2017-04-01 No 4 J Direct
1 2012-01-03 2017-01-02 No 4 J Direct
1 2011-10-03 2016-10-02 No 4 J Direct
1 2011-07-06 2016-07-05 No 4 J Direct
1 2011-04-01 2016-03-31 No 4 J Direct
1 2011-03-17 2016-03-16 No 4 J Direct
1 2010-02-08 2015-02-07 No 4 J Direct
1 2009-01-08 2014-01-07 No 4 J Direct
1 2008-06-03 2013-06-02 No 4 J Direct
Footnotes
  1. Shares were sold in a private transaction to SSB Ventures LLC, a Delaware limited liability company in which Peter E. Salas is a member, for the consideration of a promissory note dated December 31, 2012 by SSB Ventures LLC in amount of $239,800. Pursuant to the SSB Ventures LLC company agreement, Peter E. Salas retains the power to direct the voting by SSB Ventures LLC of the shares sold to it by Peter E. Salas.
  2. Shares were sold in a private transaction to SSB Ventures LLC, a Delaware limited liability company in which Dolphin Offshore Partners, L.P. is a member, for the consideration of a promissory note dated December 31, 2012 by SSB Ventures LLC in amount of $17,004,153.10. Pursuant to the SSB Ventures LLC company agreement, Dolphin Offshore Partners, L.P. retains the power to direct the voting by SSB Ventures LLC of the shares sold to it by Dolphin Offshore Partners L.P.. Peter E. Salas, the Chairman of the Company's Board of Directors, is the sole shareholder and controlling person of Dolphin Mgmt. Services, Inc., the managing general partner of Dolphin Offshore Partners, L.P. This sale neither results in a change of control of the Company nor any effect upon management of the Company.
  3. Grant of option pursuant to Tengasco's Stock Incentive Plan.