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Filing Details

Accession Number:
Form Type:
Zero Holdings:
Publication Time:
2014-01-21 12:20:00
Reporting Period:
Filing Date:
Accepted Time:
2014-01-21 12:20:00
SEC Url:
Form 4 Filing
Cik Name Symbol Sector (SIC) IRS No
1309082 Lucas Energy Inc. LEI Crude Petroleum & Natural Gas (1311) 980417780
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1561439 Charles Anthony Schnur 3555 Timmons Lane, Suite 1550
Houston TX 77027
Ceo & President No 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 2013-12-31 5,182 $0.97 29,700 No 4 A Direct
Common Stock Disposition 2013-12-31 1,692 $0.97 28,008 No 4 F Direct
Common Stock Acquisiton 2013-12-11 2,000 $0.99 59,461 No 4 P Indirect By IRA
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 P Indirect By IRA
  1. Effective November 1, 2012 (and amended and restated December 12, 2012), the Issuer entered into an employment agreement with Mr. Schnur. Pursuant to the agreement, $20,000 of Mr. Schnur's annual salary is payable in shares of the Issuer's common stock, which are due quarterly. The above represents the $5,000 quarterly payment of shares due December 31, 2013, which shares were not physically issued until January 16, 2014.
  2. Shares forfeited/withheld in lieu of payment of tax liability in connection with the transaction described in footnote 1, above.
  3. The Form 4 filed by Mr. Schnur on December 16, 2013 (the "Prior Form 4") incorrectly reported that the 2,000 shares of the Issuer's common stock purchased on December 11, 2013 were held individually by Mr. Schnur, whereas such shares were instead held indirectly by Mr. Schnur through his IRA. This Form 4 corrects the Prior Form 4 by disclosing that December 16, 2013 purchase as through Mr. Schnur's IRA and reduces Mr. Schnur's direct personal ownership of shares by the 2,000 shares acquired through his IRA.