Filing Details
- Accession Number:
- 0001580695-18-000261
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-05-15 17:34:48
- Reporting Period:
- 2018-04-23
- Accepted Time:
- 2018-05-15 17:34:48
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1368637 | Petrolia Energy Corp | BBLS | Crude Petroleum & Natural Gas (1311) | 861061005 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1646585 | Martin Joel Oppenheim | 2035 Sul Ross Street Houston TX 77098 | Yes | No | 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 (Restricted) | Acquisiton | 2018-04-23 | 500,000 | $0.10 | 5,701,690 | No | 4 | M | Direct | |
| Common Stock (Restricted) | Acquisiton | 2018-04-23 | 83,333 | $0.20 | 5,785,023 | No | 4 | P | Direct | |
| Common Stock (Restricted) | Acquisiton | 2018-04-23 | 104,167 | $0.20 | 5,889,190 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | P | Direct | |
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common | Warrants | Disposition | 2018-04-23 | 500,000 | $0.10 | 500,000 | $0.10 |
| Common | Warrants | Acquisiton | 2018-04-23 | 104,167 | $0.00 | 104,167 | $0.20 |
| Common | Warrants | Acquisiton | 2018-04-23 | 83,337 | $0.20 | 83,337 | $0.20 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2,830,834 | 2017-05-23 | 2020-05-23 | No | 4 | M | Direct |
| 2,726,667 | 2018-04-26 | 2020-10-21 | No | 4 | P | Direct |
| 2,643,330 | 2018-04-26 | 2020-10-21 | No | 4 | P | Direct |
Footnotes
- The price for the transaction reported on this line was $0.10. The reporting person will provide, upon request by the SEC, the issuer or security holder of the issuer, full information regarding the number of shares.
- Mr. Oppenheim exercised his 500,000 Warrant issuance that were accrued as part of his 2017 compensation package for his service on the Board.
- Each Warrant unit represents a contingent right to receive one share of Petrolia's common stock.
- The Transactions reported were part of a private placement, where by the reporting person was to receive one (1) warrant @ $0.20, exercisable for 2 year for every paid up restricted common shares purchased for their participation.
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