- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2019-11-20 16:30:42
- Reporting Period:
- Accepted Time:
- 2019-11-20 16:30:42
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|1110607||Deep Down Inc.||DPDW||Oil & Gas Field Machinery & Equipment (3533)||752263732|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1385215||Eric Ronald Smith||1447 Fm 1010 |
Cleveland TX 77327
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||2019-01-04||2,350||$0.87||363,444||No||4||P||Indirect||By IRA|
|Common Stock||Acquisiton||2019-03-06||4,100||$0.75||367,544||No||4||P||Indirect||By IRA|
|Common Stock||Acquisiton||2019-05-03||2,200||$0.91||369,744||No||4||P||Indirect||By IRA|
|Common Stock||Acquisiton||2019-05-09||1,100||$0.93||370,844||No||4||P||Indirect||By IRA|
|Common Stock||Acquisiton||2019-07-18||6,650||$0.75||377,494||No||4||P||Indirect||By IRA|
|Common Stock||Acquisiton||2019-09-04||4,250||$0.72||381,744||No||4||P||Indirect||By IRA|
|Common Stock||Acquisiton||2019-11-18||159,627||$0.62||541,371||No||4||P||Indirect||By IRA|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
Reported Non-Derivative Holdings
|Sec. Name||Remaning Holdings||Nature of Ownership||Explanation|
|Common Stock||930,651||Indirect||By Spouse|
|Common Stock||23,071||Indirect||By Spouse|
- This transaction was executed in multiple trades at prices ranging from $0.57 to $0.67. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
- This disposition was in connection with the Transition Agreement by and between Ronald E. Smith and issuer pursuant to which the reporting person surrendered 300,000 shares to the issuer in exchange for various assets (see Form 8-K filed by the issuer on August 15, 2019).
- These shares represent shares directly held by the reporting person's spouse, which may be deemed to be beneficially owned by the reporting person.
- These shares represent shares held indirectly by the reporting person's spouse through an individual retirement account, which may be deemed to be beneficially owned by the reporting person.