Filing Details

Accession Number:
0001445866-18-000195
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-23 13:33:12
Reporting Period:
2018-02-20
Accepted Time:
2018-02-23 13:33:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1396633 Summer Energy Holdings Inc SUME () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1116185 Neil Leibman 5847 San Felipe Street #3700
Houston TX 77057
Chief Executive Officer Yes Yes 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 Acquisiton 2018-02-20 1,480 $2.50 93,018 No 4 P Indirect Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Acquisiton 2018-02-20 15,000 $0.00 15,000 $2.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,000 2018-07-01 2028-02-20 No 4 A Direct
Footnotes
  1. The shares were purchased at a price of $2.5 per share.
  2. The reported securities were purchased by NORTHEAST OPCO, LLC, a Texas limited liability company of which the Reporting Person is an officer and control person as well as a 20% owner. The Reporting Person disclaims beneficial ownership of the shares of common stock held by NORTHEAST OPCO, LLC, except to the extent of his pecuniary interest therein. The purchases were made pursuant to a 10b5-1 trading plan adopted by NORTHEAST OPCO, LLC, on June 5, 2017.
  3. Options were issued to Reporting Person pursuant to the Reporting Person's employment agreement with the Issuer based on achieving certain performance metrics. Options vest and become exercisable on July 1, 2018.